Supplier ecosystems to remain competitive. This sometimes prompts them to accelerate digitization efforts precisely because . Adopting modern payment tools can mean strengthening partnerships.Uncertainty and the c-suitewebster pointed out during the . Discussion that key drivers in uncertainty-proofing operations are the roles of the chief financial officer . And treasurer. Today’s finance chiefs are not merely tasked with number crunching — they are .
As Strategists Who Can Help the
Viewed as strategists who can help the enterprise should i buy or rent my equipment? which is the best option? weather economic storms.Forecasting and scenario-planning tools have . Grown more sophisticated. Edwards said that for his business partners, the heightened role of the . Treasurer spurs them to scrutinize the full gamut of payment and disbursement choices.“it used to . Be an educational process just explaining what digitizing payments meant,” he said. “now we see .
Treasurers Wanting to Optimize It
Cfos and treasurers wanting to optimize it. They want to know, ‘how can we make . These processes even more economically attractive? How do we drive loyalty, create new revenue streams, . Or turn what has traditionally been a cost center into why programmers should learn more than one language something else?’”while neither leavitt nor . Edwards reported seeing a complete overhaul in how cfos approach their daily responsibilities, both leaders . Confirmed that heightened interest in digital solutions with new business models is a notable trend.
This Lines Up With the Broader
. This lines up with the broader market imperative to remain agile and preserve working capital . In uncertain times.Cfos and treasurers also have caseno data their hand in risk and risk management. The . Full range of exposures in that area now includes more than the usual transaction fraud. . Partners themselves could become liabilities if they lack deep capitalization or robust compliance frameworks.
Scrutiny is Also on the
Regulatory . Scrutiny is also on the rise, particularly in the banking world and the evolving fintech . Space.How should cfos and treasurers deal with risk and the threat of fraud? Edwards spelled . Out a multi-pronged approach.“there’s fraud risk, which can be expensive and scary, and then there’s . Vendor risk,” he said. “companies get in trouble in cycles like this, especially if they’re .