Cash-flow management for the digitised world

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Presented by

Ben Rees, Soldo | Agnieszka Wojciechowska, CFO for Growth | Steve Whiting, Soldo

About this talk

CFO strategy for success in the digital, post-pandemic world | Episode 2 Having cash on hand has never been more important than it is today. The Covid-19 pandemic is set to cost businesses a huge $1.1 trillion in lost revenue, and with the recovery being uneven, margins in businesses across industries are narrower than ever. With an uncertain economic outlook businesses need to keep on top of cash-flow to ensure they can survive whatever lies ahead. Evaluating the balance sheet to eliminate unnecessary expenses can be a good first step to unlocking working capital. By ramping up credit control, businesses can ensure invoices are paid on time, side-stepping the risks arising from late payments. When conducted manually, these tasks can be time-consuming and prone to errors. Automating finance makes cash-flow management easier and more efficient. With access to real-time data, teams can quickly monitor the company’s financial health and run reports to identify areas for improvement. In this episode of Soldo’s Original Series “CFO strategy for success in the digital, post-pandemic world,” you’ll explore the benefits of automation in finance and get tried-and-tested approaches to kick-start your journey to digitised finance. Join the session to explore: - Curbing your finance team’s administrative burdens to encourage better decision-making - Cutting corporate procurement costs: how to optimise cash flow and resource allocation - Harnessing agile ways of working to ensure your team is ready for its digital future - And more Confirmed speakers: - Agnieszka Wojciechowska, Virtual CFO and Financial Consultant, CFO for Growth - Steve Whiting, Director of Payment Services, Soldo

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Companies need to spend money to make money. But while banks are great at one-to-one transactions, businesses have many buyers, many ways to pay, and many reasons to spend. It’s tough to track what’s being spent, how, where, and by whom – costing businesses time and money. So, we created Soldo to bridge the gap between banks and businesses. We’re on a mission to help businesses spend, the brighter way.