We were pleased to host a group of CFOs and senior finance leaders at our latest CFO Roundtable last week. Damon Hauenstein, Weel’s CFO/COO, led an engaging lunch discussion at Sydney’s Rockpool with leaders from NIDA, Oz Hair & Beauty, Uniting Church Assembly, Squeeze Group, Marist180, Purpose Accounting and InSpace.

The conversation ranged from the pace of automation to the increased expectations on finance teams, with discussion also touching on how leaders are strengthening their controls as fraud threats evolve. Across very different sectors, there was a shared focus on growing capabilities and controls, while keeping teams moving quickly.

“Finance roles are transforming rapidly, and we're seeing AI shift from something exploratory to something embedded across core processes. The teams realising the most value are those with solid foundations in place - a modern tech stack, clean data and controls, and a culture that supports learning and innovation,” said Hauenstein.

We’ll be hosting more of these small, practical conversations in your capital city over the coming months. If you’d like to take part (or know someone who should), register your interest below.

The takeaway: Fraud is no longer just a job for the cybersecurity team; it's one that better finance workflows can help combat.

Weak approvals, loose controls and manual checks create gaps AI-driven attackers can exploit.

Finance teams using real-time visibility, structured approvals and automated safeguards are catching issues earlier and reducing exposure dramatically.

Learn more about Weel’s approach to fraud prevention