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...
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...