Key to CFOs’ Success: Transition to The Right Data, Process, People & Automation
Building a finance growth engine is no easy feat. Choosing the right skill set of people to drive operational efficiency could be a silver bullet for success in the cash-driven economy. CFOs today need to equip their finance teams with the best-in-class tools, performance metrics, and a dynamic strategy to streamline finance functions. Accounts receivable processes is one area that plays a key role in determining the CFO office’s success or failure. An all-digital accounts receivable (AR) is essential for building agile finance teams and processes, and most CFO offices realize it now. Which also reflects in PYMNTS’ research, where 70% of businesses have plans to embrace technological solutions to improve their AR processes. Join this session with HighRadius as we discuss how the digitization of finance functions can enable mid-market CFOs to improve operational efficiency, gain cash reserves, and reduce financial volatility. With a special focus on how intelligent automation tools can help CFO offices build a high-growth trajectory with a winning finance team to unlock working capital. What you’ll learn: • Why should modern CFO offices re-think the back-office manual operations • Why should mid-market CFOs prioritize plugging accounts receivable process gaps in 2022 and beyond • Role of automation as a catalyst to revamp data, process, and people to ensure accounts receivable success • Learn how top-performing organizations lowered Order-to-Cash process costs by 56% by leveraging automation solutions
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