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Understand and Adapt to Customer Payment Preferences One of the critical roles of a modern CFO is to ensure that the company’s financialsystems are aligned with customer preferences. Key Takeaway: CFOs should develop strategicplans for the integration of digital currencies into their financialsystems.
FP&A is a process used by organizations to develop and manage their financialplans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategicplanning and operational decision-making.
This list should encompass both quick wins, such as automating invoice processing to improve cash flow management, and long-term objectives, like integrating AI-driven analytics for more accurate financial forecasting and strategicplanning.
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