Turning cost centers into growth engines is the name of the game for today’s CFOs. The financial landscape is changing rapidly. Traditional payment processes, characterized by manual workflows and delayed reconciliations, no longer align with the demands of an increasingly digitized and globalized business ecosystem....
It is the first Monday of 2025, and at least one thing is already different: Apple’s finance function. The world’s largest company, with a $3.27 trillion market cap, has a new CFO. Kevan Parekh, formerly Apple’s vice president of financial planning and analysis, has officially...
In an increasingly unpredictable global economy, the roles of chief financial officers (CFOs) and treasurers have evolved beyond traditional bookkeeping and balance sheets. Today, these professionals are at the forefront of driving strategic growth and steering their organizations through turbulent financial landscapes. As 2024 proved,...
Generative artificial intelligence (GenAI) is gaining attention across industries, as 65% of firms say they are already using the technology. According to a PYMNTS Intelligence report, “Outlook 2025: CFOs Envision Growing Role for Generative AI in Finance,” CFOs are adopting GenAI in finance for strategic...
Uncertainty reshaped middle-market firms’ operations in 2024, and a consistent theme emerged this year: Firms leveraging analytics and targeted strategies saw improved resilience and profitability. For middle-market executives, uncertainty impacts every facet of operations. From rising costs to diminished profits, firms lose an average of...
The year 2024 has been nothing short of transformative for CFOs and treasurers, reshaping their roles into a blend of strategy, technology and operational precision. Here at PYMNTS, we talk to a lot of CFOs across industries. What we heard throughout the year was centered...
“Never take your eyes off the cash flow because it’s the lifeblood of business,” British businessman Richard Branson has been quoted as stating. And the sentiment rings true no matter the business, and no matter the vertical in which it operates. That’s especially true for...
The year end is often a time for chief financial officer (CFO) appointments, resignations or transitions. And as the 2024 fiscal year draws to a close, a flurry of C-suite announcements from companies including Miracle-Gro, Humana, Chipotle, Dollar Tree and more reveal an intriguing narrative:...
Middle-market CFOs face rising regulatory uncertainty as smaller firms bear the brunt of increased compliance costs, legal risks, and operational disruptions. To cope, many rely on external partners and new strategies, but this approach can delay long-term investments and leave firms more vulnerable. A PYMNTS...