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CFOs' guide to business travel cost management

Future CFO

To be prepared, CFOs must keep in mind of the following for better business travel cost management : Utilising new technology CFOs are increasingly leaning on sophisticated travel management systems that offer not just data but insights. It’s an acknowledgment that the human element is critical in managing travel costs.

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Cost pressure amid global economic shifts: Smaller businesses’ top concern

Future CFO

Key findings Cost pressure and the economy: SMEs face significant increases in utility prices and supplies, with 58% of businesses highlighting higher costs as their top concern. This significant challenge underscores the need for effective cost management and innovative financial strategies.

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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. You get this whole new level of streamlined accounting and compliance processes. Sanjay Patil.

Finance 52
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Driver-based planning: the best of basics

Spreadym

Operational efficiency: Improving operational efficiency is a key driver for optimizing costs, enhancing productivity, and maximizing profitability. It involves streamlining processes, reducing waste, improving supply chain management, and leveraging technology to automate and improve operations.

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What it takes to be a leader with competence and capabilities

Future CFO

"Due to the fluidity of the situation, as a business, we had to dynamically manage operations and re-allocate resources to optimise the business outcome," she confided. Inflation and supply chain disruptions resulted in higher cost of doing business. Then there is the talent issue.

CFO 98
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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. Mitigation of Financial Risks: Spend management helps CFOs minimize financial risks like overspending, non-compliance, and fraud. Effective spend management is essential for CFOs.

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Zycus Steps Into Mid-Market Procurement

PYMNTS

The tool comes with Genesys Essentials and Genesys Advances, the company explained, to support spend management, compliance, operational cost management and scale for mid-market and high-growth companies. ”