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Maximizing Value: The Significance of Spend Management for CFOs of Private Equity Backed Companies

E78 Partners

This statistic underscores the significance of strategic spend management, even within technologically advanced resources. Key Strategies for Effective Spend Management Below are proven strategies for CFOs to enhance spend management, complemented by our firsthand experiences of supporting businesses with these approaches.

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The Difference Between Cost of Sales vs Cost of Goods Sold

CFO Share

In financial accounting , Cost of Goods Sold (COGS) is recorded as a debit because it reduces a company’s net income and is debited to reflect a decrease in retained earnings, an equity account. Optimizing Cost Management in Business Effective cost management is crucial for maintaining a healthy bottom line in any business.

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Podchats for FutureCFO: Action items to accelerate finance transformation

Future CFO

Exponential technologies such as artificial intelligence (AI), blockchain, and automation have sparked the next wave in enterprise transformation, offering both challenges and opportunities for the enterprise. How effective is your finance function in supporting the following aspects of enterprise decision-making?

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PodChats for FutureCFO: Capturing opportunities under an evolving payments landscape

Future CFO

The payments landscape is not exempted from these shifts, what with the current talks of digital transformation and technological advancements. Managing costs and improving efficiency For chief financial officers, one of their concerns is the balancing act between cost management and payment efficiency improvement.