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The Backbone of Sustainable Business Growth

CFO Plans

Consider a financial services company that managed to scale its operations by prioritizing cash flow optimization. By employing advanced forecasting tools and real-time financial reporting, they maintained a healthy cash reserve, allowing them to invest in new markets and technologies confidently.

CFO 52
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Cash Flow Management: Key Steps

Spreadym

Controlling Expenses: Evaluate your operating expenses and look for ways to reduce costs without compromising the quality of products or services. Investment of Surplus Cash: If your business has surplus cash, consider investing it in interest-bearing accounts, short-term investments, or other opportunities to earn a return.

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Driver-based planning: the best of basics

Spreadym

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. This driver involves investing in research and development, introducing new features or products, and adapting to market trends.

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Mobile Order-Ahead: It’s Not Just For Restaurants

PYMNTS

But could mobile order-ahead technology have a place in another industry? Hospitality has been slow to adopt this technology, with 80 percent of survey respondents reporting that they did not yet offer it — despite recognizing the growing consumer demand. Only 29 percent had plans to invest in mobile ordering technology in 2017.