Automation allows both finance teams and entire organizations to focus on the bigger picture. By handling repetitive chores that had been done manually, automation frees the team to spend more time on analysis, talking with customers and other value-added undertakings. During interviews for the PYMNTS...
While chief financial officers (CFOs) have a lot on their plates when it comes to handling technology and data, one of their top challenges has to do with people — helping their companies retain talent. That’s a chore for companies across industries in the midst...
A majority of companies across all size ranges report that they have benefited from digitizing payments processes. Among the many benefits of digitizing payments processes they report is fraud reduction. In fact, 50% of chief financial officers (CFOs) say digitization benefited that part of their...
Over the last five years, the U.K. has seen Brexit, the pandemic and now the Russia-Ukraine war that is impacting all economies. These have made for strange times for chief financial officers (CFOs) in the banking space, Rajesh Gupta, CFO at OakNorth Bank, told PYMNTS....
“Chief collaborator.” “Resource.” “Service Provider.” Just some of the many ways chief financial officers (CFOs) describe their roles within their organizations. When interviewed for the PYMNTS series “A Day in the Life of a Digital-First CFO,” these finance leaders said today’s CFOs have responsibilities far...
Two decades at a trillion-dollar tech juggernaut provides a ringside seat to just how important liquidity and risk management really is when grappling with seismic, global events. Tahreem Kampton, who held the position of Microsoft treasurer until this month after 10 years in that department,...
Chief financial officers (CFOs) are always looking to refine the processes at their companies, but during times of economic headwinds, they sharpen their pencils just that much more. Those would be metaphorical pencils because manual methods are out and digitization is in as CFOs push...
At a time of market corrections and economic uncertainty, financial operators are concerned with two things: how long will it last and how prepared their companies are to weather the storm. We are clearly in one of those times. “There’s more of a general acceptance...
When people in business talk about the lockdowns in the early days of the pandemic, much of what they remember revolves around the finance department. Sending and receiving payments, accessing documents and getting any required signatures suddenly became a challenge if members of the team...