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How business spending has changed with inflation
Over the past two years, many businesses have been cutting back on spending wherever possible in light of rising inflation and interest rates. However, as the 2024 fiscal year unfolds, growth spend seems to be returning, albeit one marked by careful decision-making. Our Head of Data Science Ian Macomber recently joined TravelPerk's CFO Roy Hefer, Zendesk’s VP of Finance and Strategy, Steve Taylor on Nasdaq TradeTalks to unpack these trends. They discussed:
- How growth spend is recovering
- Strategies to manage travel spend effectively
- Strong appetite for generative AI and SaaS procurement
- Changing role of the CFO
About the speakers
Ian Macomber
Head of Data, Ramp
Ian oversees Ramp’s cutting-edge data capabilities, and the platform and team behind the products and insights. Ramp’s data team leverages SQL, python, and cutting edge ML/AI techniques to empower teams across the company to make informed decisions, and to save Ramp customers time and money. Prior to joining Ramp in 2021, Ian led data teams at B2C the marketplaces Drizly and Wayfair. Ian holds a Master of Business Administration from Harvard Business School with honors, and an BA in Mathematics from Dartmouth College. Ian lives in Boston with his wife, and is an avid skier, road cyclist, and Red Sox fan.
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Roy Hefer
CFO, TravelPerk
Roy Hefer is a seasoned finance leader with more than 15 years of finance, operations and strategy experience in scaling hyper-growth tech businesses and building the infrastructure of publicly traded companies. He has executed two tech IPOs, raised over $1bn in private and public capital while building world-class finance teams at companies like Hippo Insurance, Avail Medsystems Inc., and Lumenis. Hefer began his career in management consulting with McKinsey & Company advising leadership teams of Fortune 500 companies.
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Steve Taylor
VP of Finance and Strategy, Zendesk
Steve is a finance leader at Zendesk, focused on driving scale, impact, and durable growth. Prior to Zendesk, he led finance and strategy at Salesforce, Electronic Arts, The Walt Disney Company, and more. He is a licensed CPA and holds a Bachelor of Science in Business Administration and Accounting from Chapman University.
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Jill Malandrino
Host, Nasdaq TradeTalks
Jill Malandrino is a creator and host of Nasdaq TradeTalks. In one-on-one conversations with industry experts, Jill explores the ins-and-outs of the ever-evolving investing landscape. Jill earned a Bachelor of Arts Degree in Journalism from the University of Massachusetts, Amherst, and a Master's Degree in Communications and Media Studies from Rutgers University.
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