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The State of CFO’s Office:
A Mid-Market Perspective 2022
Report

How does this ebook help me?
In this report, Industry Dive and HighRadius present the results of their latest finance survey that examines CFOs’ priorities, the biggest risks to business growth, and how accounts receivable (AR) automation can help companies achieve their goals in 2022. We received 154 responses from US-based senior finance executives across a wide range of industry verticals.
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Key Takeaways

Cost optimization is the biggest priority for mid-market CFOs in 2022
COVID shutdowns remain the biggest risk to businesses in 2022
Outdated technology stacks is one of the leading causes of business inefficiency
Digital payment options will have the biggest impact on AR operations in the next 2-3 years

Table of Contents

01.
Introduction
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02.
CFO Priorities and Challenges
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03.
Minding the Skills Gap
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04.
Why CFOs Care About the Customer Experience
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05.
Impact of AR Automation on Cost, Cash, and Revenue
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06.
Spotlight on Growth
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07.
Conclusion
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Chapter 01

Introduction


In December of 2021, Industry Dive in partnership with HighRadius undertook a survey of senior finance executives to determine the issues which affect CFO office agendas in 2022. More specifically, we asked 150+ finance leaders in the industry what their top objectives would be in the coming year, what significant threats were on the horizon, and how they intended to meet their goals while minimizing those risks.
Finally, we asked how automating AR processes could address the emerging challenges in 2022, and the resulting impact it might have on customer service, costs, and cash management. This report presents those results along with expert commentary on how advanced AR automation technology provides a host of benefits, including creating competitive advantage while helping companies attract and retain the type of talent they need to achieve their growth objectives in the coming months.

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The HighRadius RadiusOne AR Suite is a complete accounts receivable solution designed for mid-sized businesses and SMBs to automate eInvoicing, Collections, Cash Reconciliation, and Credit Risk Management to enable faster cash conversion and maximize working capital.

It is quick to deploy and ready to integrate with ERPs like Oracle NetSuite, Sage Intacct, MS Dynamics, and scales to meet the needs of your order-to-cash process.

Lightning-fast Remote Deployment | Minimal IT Dependency
Prepackaged Modules with Industry-Specific Best Practices.

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