Katherine Edenbach's guest appearances

Katherine Edenbach

CFO THOUGHT LEADER

The Invisible Vault

Ross Tennenbaum

Danielle Murcray

Sinohe Terrero

Jennifer Ceran

Laurie Krebs

Hamza Benamar

Jeff Epstein

John Collins

Eric Johnson

Michael Tannenbaum

Kraft Heinz

Chris Baker

Bob Feller

Dave Kellogg

Jeff Nichols

OwlTail

This episode features an interview with Katherine Edenbach, CFO of Emburse, a billion dollar platform for business expenses and vendor payments. Katherine has an impressive career of over 20 years in accounting and finance.  Before coming to Emburse, she was CFO of Certify, Inc., VP of finance at CashStar and served in various senior accounting and finance roles at Fairchild Semiconductor and WEX, Inc. On this episode, Katherine talks about the latest in fraud trends, the renewed importance of cash management amid the pandemic, and how accurate data leads to better decision making.Quotes“The CFO is no longer just managing finance and accounting. Really, it's taking that next step up and understanding how the numbers pull together and how you're going to drive strategy. Because obviously if you had bad data coming in, you could have a bad decision coming out. So it's important to understand accounting and finance, but the CFO also needs to have that strategic mindset.” “We are definitely a data-driven company.  We have a significant amount of both structured data and raw data. And we've been working really hard to pull that data into more of a usable format. That means making that data consistent and easily accessible. Because inconsistent raw data could be interpreted incorrectly. Using new data analytics tools is helping us drive visibility into spend patterns and identify areas for improvement.”“Automating controls takes the onus off the finance team to sometimes be the bad guy or the enforcer. When you have the controls built into your systems already, there's no interpretation. It's the system that’s enforcing the controls and people aren't getting involved at all.”SponsorThe Invisible Vault is powered by the team at Kyriba, the global leader in cloud treasury and finance solutions, empowering CFOs and their teams to transform how they activate liquidity as a dynamic, real-time vehicle for growth and value creation. To learn more visit www.kyriba.comFind Katherine on LinkedInFollow Bob on Twitter

This episode features an interview with Katherine Edenbach, CFO of Emburse, a billion dollar platform for business expenses and vendor payments. Katherine has an impressive career of over 20 years in accounting and finance.  Before coming to Emburse, she was CFO of Certify, Inc., VP of finance at CashStar and served in various senior accounting and finance roles at Fairchild Semiconductor and WEX, Inc. On this episode, Katherine talks about the latest in fraud trends, the renewed importance of cash management amid the pandemic, and how accurate data leads to better decision making.Quotes“The CFO is no longer just managing finance and accounting. Really, it's taking that next step up and understanding how the numbers pull together and how you're going to drive strategy. Because obviously if you had bad data coming in, you could have a bad decision coming out. So it's important to understand accounting and finance, but the CFO also needs to have that strategic mindset.” “We are definitely a data-driven company.  We have a significant amount of both structured data and raw data. And we've been working really hard to pull that data into more of a usable format. That means making that data consistent and easily accessible. Because inconsistent raw data could be interpreted incorrectly. Using new data analytics tools is helping us drive visibility into spend patterns and identify areas for improvement.”“Automating controls takes the onus off the finance team to sometimes be the bad guy or the enforcer. When you have the controls built into your systems already, there's no interpretation. It's the system that’s enforcing the controls and people aren't getting involved at all.”SponsorThe Invisible Vault is powered by the team at Kyriba, the global leader in cloud treasury and finance solutions, empowering CFOs and their teams to transform how they activate liquidity as a dynamic, real-time vehicle for growth and value creation. To learn more visit <a href="http://www.kyriba.com" rel="nofollow" target="_blank">www.kyriba.com</a><a href="https://www.linkedin.com/in/kedenbach1/" rel="nofollow" target="_blank">Find Katherine on LinkedIn</a><a href="https://twitter.com/treasurybob" rel="nofollow" target="_blank">Follow Bob on Twitter</a>

Data, Productivity and Certainty: Drivers of Growth for the Modern CFO with Katherine Edenbach, CFO of Emburse

Years from now when Katherine Edenbach looks back on her CFO career, 2019 might be remembered as a pendulum year – or a year when her priorities as finance leader swung from growth to profitability. “Smaller companies are much more focused on revenue and revenue growth, which is very important, but we need to drive a lot more reporting around our profitability, and more understanding on that side,” explains Edenbach, whose finance team appears poised to administer a dose of investigative medicine to Certify’s organization. “We want to drive more robust reporting to focus on different areas of the company and dig into product profitability to get a better feel for different profitability levels.”  NOW SUBSCRIBE: The Quarterly Digest of CFO Strategic Insight http://bit.ly/2Wfv291 (25 CFO Profiles Every Issue).

Years from now when Katherine Edenbach looks back on her CFO career, 2019 might be remembered as a pendulum year – or a year when her priorities as finance leader swung from growth to profitability. “Smaller companies are much more focused on revenue and revenue growth, which is very important, but we need to drive a lot more reporting around our profitability, and more understanding on that side,” explains Edenbach, whose finance team appears poised to administer a dose of investigative medicine to Certify’s organization. “We want to drive more robust reporting to focus on different areas of the company and dig into product profitability to get a better feel for different profitability levels.”  NOW SUBSCRIBE: The Quarterly Digest of CFO Strategic Insight <a href="http://bit.ly/2Wfv291" rel="nofollow" target="_blank">http://bit.ly/2Wfv291</a> (25 CFO Profiles Every Issue).

500: The Push to Drive Profitability | Katherine Edenbach, CFO, Certify