CFO Insights: In Another Year of Uncertainty, CFOs Become Paragons of Business Resiliency

With high inflation, rising interest rates, ongoing supply disruptions, persistent talent shortages, and increasing costs across all business areas, no company is the same as it was three years ago. Every challenge so far has created a completely changed environment that includes diverse work arrangements, slimmer organizational charts, and more strategic spending.

But now CFOs are keeping an eye on a new risk emerging on the horizon: a potential global recession.

In times like this, decisions that are “good enough for now” leave long-term potential at the table. Risky investments, wasteful spending, or inefficient processes should be, without question, minimized as much as possible. However, organizations – especially finance – cannot afford to disregard opportunities that could strengthen their longstanding position. The answer to balancing both sides of CFO decision-making is an intelligent and sustainable foundation that touches every angle of the business.