The New CFO Initiatives In A New Normal
This eBook outlines the insights from Bank of America
The New CFO Initiatives In A New Normal
Credit teams can add value to the CFOs office
Flexible digital dashboards & tools that are easy to implement
Automated central view of cash movement and cash concentration tools
Casey Kernan,EY
How CFOs can get prepared for internal change & communication?
Pre-defining what success looks like post-transformation
Setting up the right SLAs and governance to hold employees accountable for the success
Julie Harris,BoFA
What is the CFO’s number 1 priority as economies are opening up?
Access to types of payment terms offered: pre-crisis or post-crisis
Access to meaningful reporting at an executive-level
Selection of buyers as economic stress is mostly likely to continue
Kunal Bist,Citi
For CFOs and senior finance leaders, it is important to have a real-time access to data to understand how the risk behaviour of the customers are changing. With the aid of intelligent automation and technology, they are able to monitor their cash flows and financial risk alerts and proactively manage the finance & A/R operations.
