Remove Accounting Remove Benchmarking Remove Concentration Remove Invoicing
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How to mitigate insolvency risk

Future CFO

Are they taking longer to settle invoices or make deliveries? There is also the natural climate to take into account. Shorten your supply chains and avoid concentration in one geographic region. Review the credit terms you extend to customers and suppliers, and benchmark your trade terms against the rest of your industry.

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Shared services raise the efficiency of the finance function

Future CFO

In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning. "We

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