The New CFO Initiatives In A New Normal


This eBook outlines the insights from Bank of America

Contents

Chapter 01

New Finance & Order To Cash Trends Being Observed

Chapter 02

How To Boost Liquidity:Advice To The Credit Teams

Chapter 03

The New CFO Initiatives In A New Normal
Chapter 03

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.

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There’s no time like the present

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