As CFOs and finance leaders take swift action to keep a tight hold on cash, it’s also important to look at how current and future liquidity needs are analyzed to ensure minimal operational disruptions. It is high time finance executives head over to technology to meet their business needs. A recent D&B survey reveals that 36% CFOs have begun expanding automation of transactional tasks (like accounts receivables) within their finance operations in 2021.

In this discussion, Bryan DeGraw, Associate Principal, Finance Advisory Services at Hackett Group, and Reetika Fleming, Research Leader at HFS Research highlight how finance executives should think about optimizing their current finance processes and balance their existing model of A/R operations, staff expectations, and technology capabilities to stay ahead in the cash race.