Technology news for New Zealand's largest enterprises
Finance, leasing & rental
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APAC firms struggle to meet new lease accounting standards
Most businesses across Asia Pacific will spend much of 2020 trying to work towards full compliance with the IFRS 16 lease accounting standards, as organisations tackle major challenges.
IBM & partners launch blockchain platform for retail leasing
ANZ, Commonwealth Bank, IBM, and Scentre Group and Westpac have launched a new pilot program that will bring blockchain into the retail property lease system.
To 2019 and beyond: Seven habits to keep your business strong
These seven habits will help you avoid nasty surprises later on.
Serverless architecture market to reach $14B by 2024
According to KBV research, the drive for agility and flexibility in enterprise IT is driving the adoption of serverless architecture worldwide.
NZ small businesses struggle with serious debt
NexGen Group says that up to half of New Zealand’s small businesses that produce turnover of less than $1 million struggle with bad debt – and the next month will not be easy.
Gartner’s three areas of frequent finance automation failure
“Robots are only as good as the people who design and manage them,” says Gartner VP Johanna Robinson.
How digitisation will disrupt traditional banking practices
"Apps and online services are the go-to touchpoints for busy individuals, and banks must adapt to this change or be left behind."
Lack of financial support for Māori entrepreneurs leaves businesses struggling
Māori entrepreneurs are being held back from financial success due to issues with accessing finance, managing debt and wealth, and tax compliance.
Trade Me rakes in 'record' 6.6% annual growth rate
Trade Me is celebrating another year of what it is calling ‘record revenue and profit’ for FY18, with increases up in all areas of the business.
Four identity proofing vendors named as 'IDC Innovators'
To qualify as an innovator, vendors must have under $100 million in revenue at the time of the selection.
Industry cloud market among best opportunities over next decade
IDC says worldwide spending on industry cloud is undertaking a huge surge this year, led by healthcare providers but with growth in all other sectors.
NAB apologises after nationwide systems outage
The bank experienced major connectivity issues leaving many customers unable to access their money.
Schneider Electric behind Papua New Guinea's new data center
The data center will support a cash distribution center that will be ready for business early next year.
Millennials moving towards payment installations to avoid credit debt trap
Perpetual debt, hidden costs and exorbitant interest rates are all charged by our largely foreign-owned banks and retail finance companies.
New chief distribution officer for FlexiGroup New Zealand
FlexiGroup appoints chief distribution officer to work with retail partners on growing customer numbers.
Integration software speeding up and simplifying collaboration
While the individual teams have better tools than those of yesteryear, for most companies the knowledge-sharing between teams hasn’t caught up.
PHOTO GALLERY: Datacloud UK 2018 & Finance and Investment Forum
The events brought together enterprise customers and investors with the leading data centre & cloud players and experts in the industry.
Concur explains how CIOs can gain quick wins in financial transformation
Concur has come up with three important questions (including a breakdown of each one) CIOs should ask their teams to get a quick win.
Enterprise finance applications finding their way to the cloud - MYOB
“For the first time in 2017, we saw cloud ERP adoption overtake on-premise installations in the Australia and New Zealand markets."
Flexenclosure cashes in on €10m loan for data centre innovation
The loan was granted by the European Investment Bank and backed by the European Fund for Strategic Investments to create opportunities in the region.
PocketWise helps Kiwis stay on top of their finances
The cloud platform compares a wide range of financial products from different New Zealand banks and financial service providers...
Lax mobile security attitudes put banking & finance sectors at risk
"There are many creative social engineering exploits that will fool even the most cautious financial executive."
Finance execs must step up and take the lead in cybersecurity
Finance executives must now be business partners who understand and integrate key drivers across business models. This extends to cyber defence.
Five ways businesses can gain control of employee expenses and save money
“Implementing an expense management plan is the most useful way organisations can manage employee expenses and ensure appropriate compliance.”