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The State of AI in Finance Report: High but Shallow usage; no discussion of trust
I took a close look at CFO Connect’s new report on The State of AI in Finance. The adoption story is strong, but the reality is more grounded—AI is still mostly used for basic tasks, while bigger challenges like fragmented data and output reliability remain. Surprisingly, the report doesn’t meaningfully address hallucinations at all.
Niv Nissenson
6 days ago3 min read


NetSuite 2026 Release 1: AI Moves From Assistant to Operator
NetSuite’s 2026 Release 1 signals a shift in how AI is used inside ERP systems—from passive assistant to operational engine. With AI now able to execute actions like updating records, running reports, and supporting close, reconciliation, and forecasting, the real value is emerging in reducing friction across finance workflows. This isn’t about replacing finance teams—it’s about embedding AI where structured data already lives.
Niv Nissenson
Mar 233 min read


Experian Brings Credit Scores Into ChatGPT — A Glimpse at the Future of Financial Interfaces
Experian has launched the UK’s first credit score app inside ChatGPT, allowing users to compare credit score benchmarks by postcode and age group directly through a conversational interface. While the tool itself is simple, it highlights a larger shift: financial data and services are beginning to move into AI interfaces, turning chat-based platforms into a new entry point for financial discovery and education.
Niv Nissenson
Mar 162 min read


NetSuite + Claude: A Small Demo That Says a Lot About Where AI Actually Works
NetSuite’s recent Claude integration shows where AI actually works in finance. By dragging receipts into Claude, users can automatically generate expense reports and mileage calculations directly inside NetSuite—with full audit trail and human review. It’s a practical example of AI supercharging individual tasks, not replacing systems, and embedding intelligence where governance already exists.
Niv Nissenson
Feb 91 min read


Israeli Startup Investments in 2025: AI Everywhere, Revenue Optional
Overview of Israeli startup trends in 2025 done by law firm Meitar and Investment house IBI S-cube point to increasing valuations, increasing rounds and a surge in AI and cyber investments.
Niv Nissenson
Jan 252 min read


AI Is Reshaping Payments and E-Commerce in Asia-Pacific — But Not Evenly
AI adoption in Asia-Pacific’s digital payments and e-commerce markets is accelerating—led by China, India, and Southeast Asia—but the pace is uneven. A new ResearchAndMarkets report shows that while AI is driving efficiency and competitiveness, data quality, governance, and infrastructure remain the biggest constraints. As the region evolves, the winners will be those that build AI on structured, well-governed data rather than layering it onto fragmented systems.
Niv Nissenson
Jan 52 min read


NetSuite Delivers Solid 13% Growth in quarter
Oracle’s Q2 FY26 results showed NetSuite Cloud ERP revenue reaching $1.0B, up 13% year over year—outpacing Oracle’s broader SaaS growth. This steady performance comes as Oracle’s stock has pulled back sharply from its September peak, highlighting the contrast between market volatility and NetSuite’s consistent execution as a core cloud ERP platform.
Niv Nissenson
Dec 18, 20252 min read


The AI Trial Balance Trial: low effort, refusals and hallucinations
The AI Trial Balance Trial: Chat GPT low effort failure, Gemini won't even try and Claude tried hard but failed harder. The results were clear: general-purpose AI still can’t handle even basic accounting reporting reliably.
Niv Nissenson
Nov 13, 20253 min read


What Is “Good Data”?
When your CEO “chats with the data” and celebrates a great quarter that never happened, you’ve got a data problem — not an AI problem. AI doesn’t fix bad data; it amplifies it. This article explores what good data actually looks like, and why deliberate, consistent data design is the real foundation for AI-ready finance.
Niv Nissenson
Nov 11, 20253 min read


Tipalti’s Global Finance Outlook: AI Hopes Meets Finance Reality
Tipalti’s new Global Finance Outlook report, based on a survey of 2,300 finance professionals, reveals that only 7% have fully automated AP operations, while 83% report higher workloads and 66% more manual work. Despite strong belief in AI’s potential, adoption remains slow — a reminder that before AI can transform finance, teams must first build structured, unified data foundations.
Niv Nissenson
Nov 4, 20252 min read


Data is the Foundation of Finance: Even in the age of AI, Data is King
The real power of finance data, and the AI built on top of it, starts from the bottom up. A strong data foundation begins with uniform naming, structured onboarding, and disciplined entry at the transactional level. Companies that build from clean, consistent inputs will unlock faster closes, better insights, and true AI leverage. Those that don’t will spend their time fixing what better design could have prevented.
Niv Nissenson
Oct 29, 20254 min read


DealSage Review: AI for M&A Deal Management
In this review, I test DealSage.io, an AI-powered platform for managing M&A deal pipelines. Built by former JP Morgan and Palantir execs, it streamlines due diligence, financial analysis, and deal tracking with smart data extraction and intuitive workflows. In my test, it handled messy PDFs, flagged errors, and saved hours of manual work, a sleek upgrade from Excel for dealmakers.
Niv Nissenson
Oct 21, 20253 min read


NetSuite Next: The Logical Evolution of ERP in the AI Era
NetSuite has unveiled NetSuite Next, a major AI-driven evolution of its ERP platform that embeds conversational AI, agentic workflows, and natural language search directly into the suite. Building on three earlier AI showcases we’ve covered at TheCFOai.com, this release marks NetSuite’s transition from incremental feature updates to a robust AI-native ERP experience, one powered by standardized, governed data that delivers more accurate and context-aware insights than multi-m
Niv Nissenson
Oct 13, 20252 min read


I’m Calling It: AI Processes Can’t Scale
AI cannot currently scale to meet the demands of high-volume, low-error-tolerance business processes. Despite the Agentic AI and automation, foundational limitations remain: AI’s probabilistic nature inherently produces variance, which compounds across complex workflows. From payroll to compliance, enterprise use cases demand precision, not educated guesses. Until models overcome these structural issues, AI will remain most valuable in low-volume use cases.
Niv Nissenson
Oct 8, 20255 min read


Tipalti raises $200M; rolls out more AI Agents
Tipalti has raised $200M and rolled out new AI features, from natural language reporting to predictive bill approvers. While these enhancements make the platform easier to use, they feel more incremental than transformative. For CFOs, Tipalti remains a strong payables tool. But there's only so much you can do as an AP module.
Niv Nissenson
Sep 28, 20253 min read


Google BigQuery: English to SQL capabilities
Google’s new BigQuery natural language feature for querying is a leap forward. These tools let users explore complex data relationships and now, you can do it using plain English instead of SQL.
Niv Nissenson
Sep 22, 20251 min read


OpenAI’s Hallucination Paper: Insightful Research, But the Blame Game Misses the Mark
A review of OpenAI’s recent paper on AI hallucinations, which argues that benchmark and evaluation incentives are the root cause effectively blaming the “test” for the model’s guessing behavior. While the explanation is elegant, it's a copout. I suggest the field needs deeper exploration into “IDK models”. If hallucinations can't be eliminated can AI companies design a sustainable, trustworthy tradeoff between confidence and hallucination?
Niv Nissenson
Sep 10, 20253 min read


NetSuite Drives Oracle’s Momentum Amid Growing Data Quality Tradeoffs
NetSuite’s $1B milestone highlights more than just Oracle’s momentum it spotlights a critical tension in today’s AI-driven enterprise tech: the tradeoff between data quality and feature specialization.
While standalone tools often race ahead with the flashiest AI features, they leave companies juggling fragmented data and integration headaches. NetSuite and ERP platforms like it offer a different path: unified, structured data across business functions that can power strategi
Niv Nissenson
Sep 8, 20253 min read


QuickBooks AI Agents: Smart Enhancements, Not a Full Virtual Team (Yet)
QuickBooks AI Agents: Smart Enhancements, Not a Full Virtual Team
As a longtime QB user, I was eager to explore Intuit’s newly announced AI agents. These tools are meant to automate core business workflows like invoicing, transaction categorization, financial analysis, and customer engagement. The marketing describes them as a “virtual team” — but after watching a few hands-on reviews and testing some of the features myself, I’d describe them more as smart enhancements than a
Niv Nissenson
Aug 28, 20253 min read


When AI “Hallucinates”: Why CFOs Need to Stay Vigilant
AI tools like ChatGPT and Gemini can sound confident — even when they’re wrong. One time, ChatGPT told me July 1, 2025 was a Monday (it was actually a Tuesday). These so-called “hallucinations” can be far more subtle in finance, from misquoting accounting rules to fabricating data. For CFOs, the takeaway is clear: AI outputs are a useful draft — but they always require verification.
Niv Nissenson
Aug 25, 20252 min read
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