CFO Series: Preparing for Growth Webcast

Understand how to better prepare for an uncertain future and minimize risk.
Highlights

• Advanced capital budgeting for effective decisions impacting working capital level; describe policies associated with working capital management; 10 ways to collect money; use benchmarking metrics to manage the effectiveness of accounts receivable and payable in cash management
• Optimizing working capital management: explore short-term, midterm, and long-term cash management techniques
• Closing best practices: how to close month-end faster, better, and cheaper
• Recently we all have experienced dramatic changes in business, society, and life. Were we really prepared? Have you ever heard the phrase, “What you don’t know can’t hurt you”? Nassim Nicholas Taleb, in his book The Black Swan, postulates that it is exactly what we do not know that can hurt us the most. The risks we need to be most concerned about are the risks we cannot identify or predict. Taleb calls these risks “Black Swans.” This session will discuss some historical black swan events, understanding the biases that we all have, how statistics and heat maps can lead us to incorrect conclusions, and, more importantly, discuss how financial professionals and their organizations can prepare for a future we cannot even envision.