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Crane Payment Innovations

Part of Crane NXT

Engaged Employer

Senior Management Mistakes - Production Crane Payment Innovations Employee Review

2.0
May 18, 2021
Recommend
CEO approval
Business Outlook

Pros

The company was built by people who understood the markets and created innovative products that greatly advanced the business mostly during the 1990s and early 2000s.

Cons

The CEO was the 3rd generation of the original owner and senior management mostly consisted of his college friends. They made some good decisions but overall none of them would have elevated higher than middle management in any other corporation. The final death blow that forced the sale to CPI was their purchase of a warehouse full of Chinese ATMs that the company had no core competency to sell and support. Not to mention they entered a 30+ year old declining market. The CEO was forced into a Co-CEO position about a year prior to the sale probably to help guide the family out of a pending financial catastrophe.

Explore other reviews about Crane Payment Innovations

5.0
Nov 17, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great office space, nice cafeteria, good work-life balance

Cons

most people work from home

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Crane Payment Innovations Response
6mo
We’re glad to hear you enjoyed the office environment, cafeteria, and work-life balance as these are areas we continuously invest in to create a positive employee experience. We understand that remote work has become a common preference in recent years. Our goal is to provide flexibility while maintaining collaboration and engagement, and we’re actively exploring ways to enhance in-office experiences and hybrid work options to ensure employees feel connected and supported. Your insights help us improve, and we thank you for your time with the company.
2.0
Jun 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Great product line up across several industries

Cons

Upper leadership out of touch. Continually cuts people to save money while sacrificing customer support in the process.

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