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Benefits of IT Cost Management for Creating Business Value

E78 Partners

With IT spending on an upward trajectory, Chief Information Officers (CIOs) are constantly exploring ways to manage rising IT costs effectively without compromising on the quality of services they deliver. 5 Strategies for IT Cost Management and Creating Business Value 1. Contact u s to learn more.

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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. The post CFOs' guide to business travel cost management appeared first on FutureCFO.

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Navisteps Lands $1 Million For SMB Travel, Cost Management

PYMNTS

Travel and cost management company Navisteps has notched $1 million in a pre-seed round, with investment originating from angel investors, Phocuswire reported. While expense and travel management solutions are not new, they traditionally target large enterprises.

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How finance leaders must handle rising cloud costs

Future CFO

To effectively manage cloud costs, finance leaders need to take a proactive approach and establish robust cost management practices. Cloud cost management involves analysing and optimising cloud spend to ensure that organisations are getting the most value for their investment.

Finance 52
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9.6% average salary increase for India Inc in 2024: EY Future of Pay 2024 report

CFO News

in 2023, and it is expected to gradually decline further as companies prioritize cost management and employee well-being. The second edition of EY's 'Future of Pay 2024' report predicts that India Inc will witness an average salary increase of 9.6% in 2024, similar to last year. Overall attrition fell to 18.3%

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The benefits of strategic cost reduction

Future CFO

It should be noted, however, that cost cutting should not be approached as a reactionary, short-term measure, but as a strategic investment in the future of the company. By adopting a proactive and human-centred approach to cost management, organisations can navigate restructuring with the goal of long-term growth and employee well-being.

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CFOs in advanced countries facing ‘deadweight’ economy challenge, says Gartner

CFO News

The deadweight economy challenges an organisation’s ability to meet corporate performance expectations by constraining traditional avenues for growth, pricing, investment funding, cost management, people management, and productivity gains, it says.