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And this is why we more and more frequently engage with CIOs and CFOs, as opposed to what perhaps was happening years ago.
As you can appreciate, interest in accounts receivable automation is top of mind for CFOs globally, as working capital management and cash collections are under intense scrutiny.
Call them what you will, CFOs are a critical part of a startup’s evolution.
Source: https://techcrunch.com/2023/03/17/cfo-software-stack-fintech/
CFOs act as key representatives of the company’s financial performance and strategy to stakeholders, including investors, analysts, and regulatory bodies.
Source: https://www.chartattack.com/outsourced-cfo-and-why-would-i-need-one/
CFOs require real-time visibility into spending patterns, cash flow, and financial performance.
Especially as CFOs now play a larger role in overarching company operations, of automation users note that the technology helps them make critical decisions faster.
For example, CFOs may consider reevaluating current vendor relationships to assess critical business needs and expenses.
So how can CFOs raise their M&A game?
Source: https://fortune.com/2023/02/24/the-new-cfo-mergers-acquisitions/