Red teams security

Webinar: Breakaway from risk

25 november 2021
00.00 am

A successful risk management programme helps an organisation consider the full range of risks it faces. Risk management also examines the relationship between risks and the cascading impact they can have on an organisation’s strategic goals.

Risk management is a mature branch of sport: it is not something to do on the side. It is essential to systematically map out risks, weigh them and cover them where necessary. In this way, risks remain manageable and you limit or reduce them to an acceptable level.

So, what does it mean for finance departments? In the online session Breakaway from Risk, you will get the answer during this online session. Sander Kruis and Bastiaan van de Laar from Team Jumbo-Visma and Luc Godfroid with Adriaan Kom from Visma | Onguard will discuss risk and what it means for an organisation.

Role of the CFO

As CFO, you no longer just check the financial lines, but you are a real strategic player within the company. For you as a CFO, it is important to bundle structured data from the entire organisation and make it available for decision-making, forecasting and budgeting. In this way, you can provide insight into the risks at any time by looking at the current figures.

Curious to know how an order-to-cash platform can support this and how you can Breakaway from Risk?

(English spoken, subtitled in Dutch_

Credit Health Scan
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Est. time: 3 minutes
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What is the annual revenue of your organization?

What are your standard payment terms with customers?

How many FTEs are in your credit management department?

How many invoices does your organization send annually?

How many days on average do your customers pay past your payment terms?

Which system do you primarily use for accounts receivable management?

What percentage of your invoices is paid after the due date?

How does your reminder process for outstanding invoices work?

How quickly do you have insight into your total accounts receivable position?

How do you assess the credit risk of new customers prior to delivery?

How are payment agreements with customers recorded in your organization?

How do you forecast your expected cash flow for the next four to eight weeks?

What percentage of your annual revenue do you write off as bad debt on average?

How do you handle invoice disputes and payment discrepancies?

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