This webinar is about navigating revenue and expense management for financial success. It is presented by Hillary Akhaabi, PhD. and sponsored by Bill.
The speaker, Hillary Akhaabi, who has over 20 years of experience in finance, economics and risk management, discusses the concept of trade-offs between risk and reward in managing revenue and expense. She emphasizes that there are no one-size-fits-all solutions and that the best approach depends on the specific circumstances of the company.
The key takeaways from the webinar are:
- Companies need to be aware of their limited resources and allocate them strategically to generate the necessary returns.
- It is important to consider comparative advantage when making decisions about resource allocation. Just because a company can produce something does not mean it should.
- Cash flow is a key indicator of a company’s financial health. Early warning signs of potential cash flow issues include a decline in operational metrics, such as the number of customers or the cost of goods sold.
- Fintech can play a role in revenue and expense management by automating processes and reducing errors.
