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...
Silicon Valley Bank was a full-service institution focused on meeting the needs of startups. Few other banks offered the potent mix of flexibility, understanding and banking products and services that made the now-failed SVB such a fixture within the startup landscape. “SVB is an incredible...
Changing trends in the restaurant industry have created new opportunities for modern solutions. Similarly, shifting trends across the broader economic landscape have transformed the chief financial officer (CFO) role from that of bean counter to a business partner supporting critical decisions with valuable, data-driven insights....
Silicon Valley Bank’s (SVB) failure killed the argument that midsize banks pose no systemic risk. Chief Financial Officers and corporate treasurers have gotten the message, and company executives are getting more concerned about where they can safely keep their company’s cash. This, as the biggest U.S. bank...
Today’s top finance leaders are being tasked with an ever-growing plate of responsibilities. And as a surplus of modern digital solutions are increasingly brought to market to support those needs, how is a CFO to choose what’s best for their business? “It’s a constant iterative...
Forward-looking firms that had previously pivoted to accommodate sudden shifts brought on by the pandemic just a few years back are rethinking their tech investment budgets. Tailoring their spending to meet the new “new normal” of economic uncertainty and ongoing digital adoption, CFOs are seeking...
Tomorrow’s finance leaders are helping redefine the CFO role as they navigate today’s macro challenges. This, as 64 companies in the Fortune 500 added a first-time chief financial officer to their C-suite ranks in 2022, per a recent report by the Wall Street Journal. PYMNTS has covered...
Corporate CFOs are spending less time in their jobs as responsibilities move beyond finance. It’s a trend that’s due to a change in corporate structure, but also because of an evolution of the job of chief financial officer beyond the “bean counter” role, CNBC reported...
The cost realities of today’s environment have CFOs shifting focus to their organization’s profitability basics. And as business leaders look to realize efficiencies and cut costs; answering the question of hybrid, remote, or full-time in-office employment policies is growing critical to reassessing internal spend. This,...
