E25: What Separates Good From Great Treasury, with Eugene Spevakov
53:16 Share

In this episode, Sasha Orloff is joined by Eugene Spevakov, the Treasurer and Head of Corporate FP&A at 6sense, treasury expert, and veteran CFO. Sasha and Eugene dive deep into the Treasury function: how it differs across industries, how a scaling startup will know when it’s time to hire for the role, how to structure the function, and what separates a great treasurer from merely good. Eugene offers a masterclass on leveraging treasury to drive growth, improve cash flow, and allocate risk strategically in an uncertain world.

🔥Apply to join over 400 Founders and Execs in the Turpentine Network: https://www.turpentinenetwork.co/)

--

RECOMMENDED PODCAST:

🎙️** This Won't Last **- Eavesdrop on Keith Rabois, Kevin Ryan, Logan Bartlett, and Zach Weinberg's monthly backchannel.

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1765665937)

Spotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSz)

--

SPONSORS:

ANROK is the enterprise-grade solution that automates sales tax compliance worldwide. Anrok tracks your exposure, calculates tax, and handles filings—all in one platform. Visit https://www.anrok.com/turpentine) to claim your free nexus study and take control of your SaaS tax strategy.

NETSUITE: More than 40,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud ERP bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's guide to AI and Machine Learning at https://netsuite.com/102)

METAVIEW is the AI assistant for interviewing. Metaview completely removes the need for recruiters and hiring managers to take notes during interviews—because their AI is designed to take world-class interview notes for you. Team builders at companies like Brex, Hellofresh, and Quora say Metaview has changed the game—see the magic for yourself: https://www.metaview.ai/heretics)

OMNEKY is an omnichannel creative generation platform that lets you launch hundreds of thousands of ad iterations that actually work customized across all platforms, with a click of a button. Omneky combines generative AI and real-time advertising data. Mention "Cog Rev" for 10% off https://www.omneky.com/)

--

LINKS:

https://www.linkedin.com/in/eugene-spevakov-cfa/)

6sense: https://6sense.com/)

--

X/SOCIAL:

@sashaorloff

--

TIMESTAMPS:

(00:00) Preview

(00:49) Intro

(01:14) Understanding treasury

(02:22) Meet Eugene Spevakov: A treasury expert

(03:39) Basics of treasury functions

(05:40) Real-world treasury challenges and risks

(09:12) Industry-specific treasury insights

(14:07) Sponsors: Anrok | Netsuite

(16:30) Treasury in software companies

(22:32) Risk management and allocation

(27:29) Sponsors: Metaview | Omneky

(28:58) When to hire a treasury professional

(30:07) Understanding and managing business risks

(32:40) Challenges and solutions in treasury functions

(37:08) Role and excitement of treasury

(43:12) Tools and resources for treasury management

(47:40) Advice for building a treasury function

(50:32) Wrap