Office of the CFO: Andy Burt on the Latest Trends in CFO Sentiment

The NetSuite Podcast

Learn more about the latest CFO.com survey, fielded by Wakefield Research and sponsored by NetSuite: https://bit.ly/3YpaSt4

Host Megan O’Brien, NetSuite business and finance editor, is joined by managing director and head of content at CFO and Proformative, Andy Burt, to discuss the recent CFO.com survey, fielded by Wakefield Research and sponsored by NetSuite. We start by taking a closer look at the background of the survey, including the demographics and when it was fielded (4:42). Andy explains his team’s goal in creating the survey and the importance of creating stories based on the data (8:33). We discuss the high-level findings from the survey, most notably the optimistic slant of responses, the increase of resilience and how that translates into the respondents’ economic outlook (10:21). We dive into the cost cutting measures planned by companies should a recession occur (17:00). We touch on how small companies are leaning more towards technology adoption to combat their talent issues than their larger counterparts (22:50). Andy explains some of the measures being taken by companies to address inflation (33:08) and spending plans for 2023 (36:17). Lastly, we examine the differences between respondents in companies under $50M in annual revenue versus those with over $250M in annual revenue. (39:36). We conclude with where people can find the current survey and plans for future surveys (42:05).

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Survey: CFO’s 2023 Outlook: https://bit.ly/3YpaSt4

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