cfotechoutlook

The Quintessential Technology Source for Corporate Financial Professionals

6DECEMBER 2020Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerAlbert RozarioSalesSarah DawsonManaging Editoreditor@cfotechoutlook.comRichard Watsonrichard@cfotechoutlook.comEditor's NoteEmail:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com DECEMBER - 10 - 2020, Vol - 06, Issue - 10 (ISSN 2644 - 2841)Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Editorial StaffAva GarciaJoshua Parker Paul BarberJoy ParkerCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffIn today's day and age, rapid changes in revenue sources and customer profiles hinder a business' finance teams to optimize revenue management. Finding the right combination of people and technology is the key for efficient revenue generation. From defining the right pricing strategy to streamlining the customer engagement strategy through billing and invoicing, companies need to focus on all areas of revenue management. Perhaps the biggest hurdle to clear for any business is to plug revenue leakage due to billing and invoicing errors. A workflow that supports audit trail in billing can go a long way in refining revenue management. The other key area of focus for businesses is data analytics. Data-driven insights can facilitate customer segmentation, promotions, optimized inventory and assortments, and stronger customer relationships and can have a wide impact on revenue management. Through this edition of CFO Tech Outlook, we wish to highlight companies that deliver comprehensive, secure, and reliable revenue management solutions. With an ever increasing demand for a more digitalized billing and payment approach, it is important for companies to deploy user-friendly and cost-effective solutions that empower them to track their fee billing and revenue management. Modern solutions that can be operated both on premise and on the cloud will enable firms to improve their operational efficiency, protect themselves against fee leakage, and improve reporting on financial and management decision-making.As companies continue to evolve and transform the way they manage, analyze, report and forecast their revenue, we hope this edition helps them make the right decisions and partner with the right revenue management technology vendors. Let us know your thoughts.Exploring New Pathways to New Revenue Streams
< Page 5 | Page 7 >