White Paper

HOW FINANCE LEADERS ACCELERATE RECEIVABLES FOR THE LONG TERM

HOW FINANCE LEADERS ACCELERATE RECEIVABLES FOR THE LONG TERM

Pages 7 Pages

The CFO webcast brief, "How Finance Leaders Accelerate Receivables for the Long Term," highlights how finance teams are shifting from survival mode during COVID-19 to a focus on automation, data, and technology modernization to improve receivables management. Siobhan Riggott from The Hackett Group emphasized the importance of investing in predictive modeling, advanced analytics, and leveraging master data for decision-making. Finance leaders are encouraged to improve their customer-to-cash process by enhancing billing, collections, and communication strategies. Key takeaways include the importance of understanding metrics, fostering collaboration, and utilizing technology to streamline operations, reduce manual tasks, and drive efficiency in collections.

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