It’s crucial to recalibrate your year-end priorities. Have you reviewed your cost budgets to stay on target? With Q3 and Q4 market volatility, how are you managing working capital, interest costs, and FX fluctuations?
Consider these key actions:
- Stress Test Your Forecast: Compare Q1 to Q3 2024, and start planning for Q1 2025 to ensure 95% accuracy in cash flow.
- Understand Customer Behavior: Anticipate the effects of higher interest rates and prepare for potential credit requests or disputes.
- Analyze Industry Trends: Stay informed about your customers’ sectors to manage risk effectively.
Leverage AI tools, engage with peers, and stay ahead of trends to navigate these challenges.
At Emagia, our nearly 20 years of expertise in AI-powered Order-To-Cash solutions will help you prepare for a stronger 2025. Explore our latest insights from Founder and CEO Veena Gundavelli on The Big Shift for Finance to AI-First is Here.