Core Insights - Panic-driven responses can lead to poor financial decisions in businesses, even among experienced CFOs [2][3] - A focus on payments optimisation is crucial for businesses to maintain resilience and growth during economic uncertainty [4][8] Group 1: Impact of Panic Financing - Panic financing strategies, such as budget cuts and project cancellations, may provide short-term relief but can destabilise a business [3] - Businesses need to avoid knee-jerk reactions and instead focus on understanding the root causes of financial issues [4] Group 2: Importance of Payment Systems - Payments are critical as they convert customer demand into cash; inefficiencies can lead to revenue loss through false declines and high fees [5][6] - For SMEs, inefficient payment systems can hinder growth opportunities and create significant operational challenges [6] Group 3: Competitive Advantage through Payments - Payment costs influence pricing decisions, affecting a company's global competitiveness; optimising payment operations can provide a strategic advantage [7] - Successful CFOs leverage optimised payment systems to transform financial pressures into opportunities, enhancing efficiency and resilience [8]