To optimize an organization’s working capital, CFOs must energize customer engagement along their organization’s front lines. Mark Vengroff, CEO of Vengroff, Williams & Associates, reveals how CFOs are embracing a “culture of innovation” to help streamline cash flow connections. ###

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FINANCE VIDEO BITE: Making the Case for Shared Services - Hackett’s Sean Kracklauer http://twitvid.com/WC8AB

FINANCE VIDEO BITE: Improving Data Standards: Where good Forecasting begins- Interview Sean Kracklauer-Hackett Group http://twitvid.com/RCKXK

To establish and maintain a competitive advantage, companies must correctly gauge, monitor, and leverage strategic risk. Rick Funston, principal, Deloitte & Touche, LLP, explains how risk avoidance too often undermines successful strategy. ###

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Ronald Eikelenboom, CFO of Philips Latin America, speaks to Business Finance editor in chief Jack Sweeney about a fast-track outsourcing strategy that allowed Infosys to take over the company’s finance operations within just 6 months. ###