Cfo news and trends

Customer Demand, Supply Chain Uncertainties Costs Firms on Average $21 Million Annually
Business // April 15, 2024

Concerns about inflation and the potential for another interest rate hike are only increasing the fierce levels of uncertainty corporate CFOs must now navigate — and that uncertainty comes at a high cost. And, as PYMNTS Intelligence found in completing its “2024 Certainty Project Report,”...

Data, Communication, Empathy: CFOs Embrace Leadership Role
CFO // April 12, 2024

Modern leadership requires data, communication, empathy, and above all a holistic view of the business. Call these pillars the new drivers of success. Increasingly, it is falling to today’s chief financial officers to synthesize them into a strategy that can optimize the business outcomes of...

Rappi Getting Ready for IPO ‘When It Makes Sense’
IPO // April 11, 2024

Delivery service Rappi is getting ready for a future initial public offering (IPO). The company, which is one of Latin America’s most valuable startups, does not have a timeline for an IPO but aims to be ready for one “when it makes sense,” Rappi Chief Financial Officer Tiago...

Analytical Focus Moves CFOs From Bookkeepers to Business Partners
CFO // April 11, 2024

Today’s chief financial officers are as different from 1970s bean counters as apples are from oranges. In an operational landscape marked by ongoing uncertainty and a sea change of macro shifts, modern CFOs have had to adapt to a new world of business realities —...

Interviews & Exclusives
Data, Communication, Empathy: CFOs Embrace Leadership Role

April 12, 2024
Modern leadership requires data, communication, empathy, and above all a holistic view of the business. Call these pillars the new drivers of success. Increasingly, it is falling to today’s chief financial officers to synthesize them into a strategy that can optimize the business outcomes of their organizations. “The finance function is one of the roles […]

Analytical Focus Moves CFOs From Bookkeepers to Business Partners

April 11, 2024
Today’s chief financial officers are as different from 1970s bean counters as apples are from oranges. In an operational landscape marked by ongoing uncertainty and a sea change of macro...

Procurify CFO Scales Finance Team With Technology

April 03, 2024
Amidst the shifting tides of technology, finance and business strategy, savvy CFOs need to sharpen their operational toolkits — or risk being swept away. “Change has been the only constant...

From Numbers to Narratives: How Modern CFOs Unlock Efficient Growth

April 02, 2024
Historically, the chief financial officer’s responsibilities were confined to accounting and financial oversight. However, the rapid pace of technological advancement and the increasing complexity of the global market have expanded...

Quick Reads
Rappi Getting Ready for IPO ‘When It Makes Sense’

April 11, 2024
Delivery service Rappi is getting ready for a future initial public offering (IPO). The company, which is one of Latin America’s most valuable startups, does not have a timeline for an IPO but aims to be ready for one “when it makes sense,” Rappi Chief Financial Officer Tiago Azevedo told Bloomberg in an interview posted Thursday (April 11). Azevedo is Rappi’s […]

Kyriba Adds AI-Powered Cash Forecasting Feature to Platform for CFOs

April 09, 2024
Kyriba has added artificial intelligence (AI) features to its platform that helps chief financial officers, treasurers and IT leaders optimize their liquidity. The new AI functionality improves cash forecasting, bank...

Spotify Names Christian Luiga as New CFO

April 04, 2024
Streaming audio platform Spotify named a new chief financial officer. Christian Luiga is joining Spotify from Saab AB, a European defense and security company, where he served as deputy CEO and finance chief, the Swedish...

Tradeshift Taps FinTech Veteran Iain Balchin as New CFO

February 14, 2024
B2B eCommerce and FinTech platform Tradeshift has appointed Iain Balchin as its newest chief financial officer (CFO). Balchin has experience in helping to elevate FinTech firms, Tradeshift said in a...