article thumbnail

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.

article thumbnail

How finance leaders must handle rising cloud costs

Future CFO

The COVID-19 pandemic has accelerated the adoption of various technological advancements to keep up with the evolving market and the shifts. The rapid adoption of this technological advancement led to unexpected challenges in managing cloud costs, a concern finance leaders must handle properly for the organisation.

Finance 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Evolving Role of CFOs in Private Equity Portfolio Companies 

E78 Partners

This accumulation is a signal for PE firms to leverage this capital judiciously to drive transformation within portfolio companies, and the first area under the microscope is usually the office of the CFO. E78 Partners stands out as a provider of essential support to ensure that the office of the CFO is well-equipped to deliver results.

article thumbnail

CFOs as overseers of digital transformation

Future CFO

Strategic leaders Ng believes CFOs play a pivotal role in spearheading the company’s digital transformation initiative, acting as a strategic leader in aligning financial goals with technological advancements. Such shifts include digital transformation, of course.

CFO 52
article thumbnail

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. From our experience, inventories with numerous components, such as mobile devices, contact centers, or cloud licenses, generally present a 15-20% opportunity for cost reduction.

article thumbnail

E78 Partners Announces Strategic Acquisition of Private Equity-Focused Finance and Accounting Firm Outliers LLC

E78 Partners

” “Our acquisition is a strategic move that further empowers our clients to optimize their Finance and Accounting operations by leveraging the highly skilled and experienced interim CFOs from Outliers. “E78 shares our commitment to client success and our vision for delivering exceptional financial and operational solutions.

article thumbnail

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