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How to Help Your Finance Team
Ace Hybrid Work?

How does this ebook help me?
In this ebook, we will analyze whether a hybrid workforce is sustainable in the long run for finance teams and how businesses can implement a successful hybrid workforce model. The ebook also covers the best productivity hacks that allow CFOs to make the most of their distributed finance teams.
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Key Takeaways

The current state of finance teams and do they really need to work from home?
Why should companies embrace a hybrid working model?
What are the top challenges businesses face when implementing a hybrid finance team?
How can CFOs embrace technology and work on building a hybrid-ready workforce?

Table of Contents

01.
Executive Summary
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02.
The Current State of Finance Teams
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03.
Do Finance Teams Need to Work from Home?
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04.
The Hybrid Working Model Is Here to Stay: Here’s Why?
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05.
Why Should Finance Teams Embrace the Hybrid Work Model?
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06.
Top 3 Challenges of a Hybrid Working Model
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07.
What are the different types of hybrid models?
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08.
How to implement hybrid finance teams?
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09.
About HighRadius
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Chapter 01

Executive Summary


A business’s finance team is responsible for managing cash, accounts receivables, accounts payables, treasury operations, and other items on the balance sheet. They handle a variety of processes, such as credit checks during customer onboarding, invoicing, collections, cash posting, and financial planning and analysis.

Earlier, these processes were handled by finance teams from within the office premises, but as the pandemic hit the world, hybrid working became the norm for finance teams. CFOs now need to tackle the challenges of a workforce that increasingly prefers hybrid working or remote working and ensure that the team continues to deliver efficient work.

The hybrid work model offers an opportunity to redesign business functions to eliminate disconnected systems, duplicate or poor-quality data, and communication gaps between teams. If employees collaborate well, a hybrid workforce can benefit a business more than work-from-office (WFO) or work-from-home (WFH) teams.

In this ebook, we will analyze whether a hybrid workforce is sustainable in the long run for finance teams and how businesses can implement a successful hybrid workforce model. The ebook also covers the best productivity hacks that allow CFOs to make the most of their distributed finance teams.

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The HighRadius RadiusOne AR Suite is a complete accounts receivable’s solution designed for mid-sized businesses to put their order-to-cash on auto-pilot with AI-powered solutions. It leverages automation to fast-track key accounts receivable functions including eInvoicing & Collections, Cash Reconciliation, and Credit Risk Management powered by RadiusOne AR Apps to improve productivity, maximize working capital, and enable faster cash conversion. Affordable, quick to deploy, and functionality-rich: it is pre-loaded with industry-specific best-practices and ready-to-plug with popular ERPs such as NetSuite and Sage Intacct. The HighRadius RadiusOne AR Suite is designed to automate labor-intensive processes while streamlining credit and collections activities for faster AR processing, better cash flow and improved profitability.

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

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