Kyriba on Fox Business Network: Futures Down Over Omicron Uncertainty
Kyriba’s Wolfgang Koester joined Maria Bartiromo on Fox Business Network to discuss how CFOs can mitigate any market volatility brought on by the Omicron variant. Koester believes companies need to assess how prepared they are from a digital standpoint.
- Investors are concerned that companies’ ability to generate cash flow and profits might be compromised.
- CFOs are focused on the impact of different scenarios on their liquidity. CEOs need to understand the vulnerability of their balance sheets and income statements to supply chain risks, inflationary pressures, currency volatility, and re-emergence of new covid variants.
- Those companies that can continue to drive cash flow in the face of these challenges will be attractive to investors seeking safety