Shared points of view that avoid single points of failure are helping CFOs accelerate growth. That’s according to Karen Hartje, chief financial officer at FinTech platform Sezzle, who emphasized during a conversation for “PYMNTS CFO Series: What’s Different?” that cross-departmental communication is critical for business...
CFOs have always had to deal with market risk, no matter the macroclimate. But what is new for finance leaders, in light of the recent banking failures, is that they now have to consider bank risk. “[The failures] have made everyone look a little more...
Market shifts and macro turmoil have savvy CFOs examining internal processes to ensure sustainable growth. “I think every CFO right now is concerned about macroeconomics,” Arlen Shenkman, president and CFO at Boomi, told PYMNTS in a recent conversation. “When you’re in a rising interest rate...
No one is an atheist in a foxhole, and no one is alone in a banking crisis. While the recent failures of Silicon Valley Bank (SVB) and Signature Bank may have repercussions for years to come — at least according to J.P. Morgan Chase CEO...
Where were you when you heard about Silicon Valley Bank? It’s the classic crisis question now being applied to the recent banking emergency that may be under control. Fingers crossed. These shocks to the financial system get CFOs either glued to their desks or hiding...
Businesses with strong balance sheets and sticky liquidity will always go the distance. That’s why, after the collapse of Silicon Valley Bank (SVB), treasury management is shooting up the priority list for CFOs, said Kiran Hebbar, CFO at at identity decisioning platform Alloy, during a conversation...
Today’s turbulent macroclimate has put the evolving chief financial officer role in the spotlight. And top finance leaders are rising to the occasion. “It’s exciting to be in the CFO seat,” Joseph Pergola, finance chief at media software platform Connatix, told PYMNTS in an interview,...
Top chief financial officers are drawing up their battle plans in the face of a tough macro economy. Dean Neese, CFO at location intelligence solution Placer.ai, told PYMNTS that while finance teams are being tasked with an ever-growing plate of responsibilities, first among them is...
Chief financial officers (CFOs) acting as organizational navigators are staring down choppy seas. Amid historically high inflation, rising interest rates, and broader economic volatility, there is now a banking crisis whose knock-on effects are evolving the notion of providing value from the finance seat. For...