CFO News Room

FEBRUARY 2, 2022

On growth, SBICARD can leverage the c200m customers of the parent company — SBI — for issuing cards where the customer acquisition costs are 0.7-0.8x of open market sourcing cost. 3.8%: Our FY22e PAT is lowered by 17% on account of higher provision costs. We cut our FY22/23/24e PAT estimates by 17%/3.9%/3.8%:

Cost Management 130

Cost Management Leverage Investments Marketing 130

CFO Share

NOVEMBER 21, 2023

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.

Sales 52

Sales Cost Management Auditing Budgeting 52

Future CFO

JANUARY 21, 2024

“By addressing these challenges head-on, SMEs can unlock new growth avenues and strengthen their market position." 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.

Economics 52

Economics Compliance Strategic Planning Cost Management 52

Spreadym

NOVEMBER 23, 2023

These expenses include items like salaries, rent, utilities, marketing expenses, administrative costs, and other overhead expenses required to maintain operations. OPEX in Financial Analysis Analyzing OPEX is essential because it provides insight into a company's operational efficiency and cost management.

Financial Analysis 59

Financial Analysis Benchmarking Restructuring Cost Management 59

Future CFO

JANUARY 2, 2024

Among the key findings of the survey include: Managing risks: Regionally, 51% of CFOs prioritise technology automation to manage risks, 38% focus on enhancing operational procedure monitoring, and 33% emphasise more aggressive cost management.

Economics 52

Economics Concentration CFO Invoicing 52

PYMNTS

MARCH 24, 2016

This year, CPOs are likely to funnel the majority of their investments into spend analytics, cost management and eSourcing solutions, researchers found. Researchers found a 27 percent increase in the number of CPOs investing in digital, self-service portals for their customers.

Marketing 40

Marketing Cost Management Investments Technology 40

E78 Partners

AUGUST 8, 2023

These forces have combined to create the most challenging investment and funding market since the Great Recession. Partnerships with experienced and knowledgeable service providers like E78 Partners can provide valuable insights and strategies to manage these challenges, unlocking value, and creating a path to enhanced EBITDA growth.

Cost Management 52

Cost Management Vendor Management Economics Budgeting 52

PYMNTS

NOVEMBER 30, 2020

The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. The service is expected to launch in 2021 in Luxembourg after regulatory processes, and after that it will be debuted in other European markets, the release stated.

Cost Management 87

Cost Management eCommerce Securities Technology 87

Future CFO

SEPTEMBER 17, 2023

Zero-sum growth: Given cooling demand conditions in advanced economies, CFOs and their executive teams will have to deaverage their segmentation of markets, customers and value chains to identify new growth opportunities and customers that are underserved by industry titans.

Economics 52

Economics Strategic Planning Finance Cost Management 52

E78 Partners

JUNE 12, 2023

” E78 Partners, backed by PE sponsor Further Global, follows a vigorous acquisition strategy to reinforce its leadership position in the middle-market and private equity sectors. We recognized that together we could provide an enhanced service to our clients and extend our reach to new markets,” said Dan Stankey, CEO of Outliers.

Accounting Firms 52

Accounting Firms Finance Accounting Leadership 52

CFO Share

NOVEMBER 23, 2023

The art of finding a supplier goes beyond just meeting your immediate product needs; it’s about forging a relationship that balances cost with quality, ensuring the longevity and prosperity of your business. This partnership can be the defining factor between thriving in a competitive market and struggling to keep pace.

Cost Management 52

Cost Management B2B Securities Sales 52

E78 Partners

OCTOBER 19, 2023

The rapidly evolving market trends, technological advancements, and regulatory changes require that CFOs stay ahead of the curve, continuously adapting their strategies and approaches to align with the changing industry landscape.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Leverage Cost Management 52

Future CFO

SEPTEMBER 10, 2023

For Boo Hui Yee , group chief financial officer at Malaysia Aviation Group (MAG), the extended border closures due to COVID-19 delayed market recovery. 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. "Due

CFO 98

CFO Finance Leadership Concentration 98

Future CFO

MARCH 10, 2024

It comes as no surprise therefore that the automation of financial tasks is a leading digital investment priority for finance leaders in Singapore (40%), second only to the digital transformation of go-to-market and sales (42%). They see it as a prerequisite for entering new markets and launching new business models.

Finance 52

Finance Invoicing Cost Management Technology 52

Spreadym

JUNE 15, 2023

For instance, understanding how changes in marketing expenditure affect revenue growth. For example, assessing the effect of increasing marketing spend by 20% on revenue growth. It involves strategies such as expanding customer base, introducing new products or services, increasing market share, and improving pricing strategies.

Planning 52

Planning Prioritization Concentration Compliance 52

Future CFO

DECEMBER 17, 2023

Managing costs and improving efficiency For chief financial officers, one of their concerns is the balancing act between cost management and payment efficiency improvement. He believes that CFOs must be aware of these, as well as the expectations in each market.

Forecasting 90

Forecasting Finance Treasury Cost Management 90

PYMNTS

OCTOBER 5, 2020

“We’re seeing increased costs to have security around the printing of checks, and what I’ll call ‘the old ways,’” said Joiner. Against that backdrop, companies are re-evaluating and redesigning their entire supply chains, cost management life cycles and other processes across all industries from healthcare to manufacturing.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

Spreadym

OCTOBER 13, 2023

Implement just-in-time inventory systems or consider dropshipping to reduce holding costs. Manage Debt Wisely: Review your debt obligations and their interest rates. Sales and Marketing: Invest in effective marketing strategies to increase sales and revenue. Consider refinancing high-interest loans when feasible.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Forecasting Invoicing 59

CFO Share

SEPTEMBER 29, 2023

Declining sales over multiple periods signal a potential decrease in market demand or competitive strength. Coordinate with your sales and marketing teams to turn trends back towards growth. Work with your CFO on capital planning to ensure you do not become over-leveraged.

Auditing 40

Auditing CFO Cost Management Leverage 40

PYMNTS

JANUARY 29, 2020

But that freed us up to get a capital-markets-focused CFO.”. Traditionally, CFOs come from accounting, and they’re known as people who can handle financing strategy, cost management, reporting needs and standards of accounting.

CFO 57

CFO Accounting Cost Management Finance 57

Future CFO

NOVEMBER 27, 2022

In an IBM Global C-Suite study , two-thirds of CFOs surveyed confirmed that their agenda includes taking an active role in developing strategy, driving growth, reducing costs, managing risks and providing insights. How effective is your finance function in supporting the following aspects of enterprise decision-making? Sanjay Patil.

Finance 52

Finance CFO Compliance Auditing 52

Future CFO

APRIL 7, 2020

Also, 18% are planning to cut budgets in every category by at least 10%, with marketing departments expecting to be first in line for cuts of 10% or more. Gartner recommends four cost management tactics: Think big. Gannon suggested to link trends in external market and customer data to internal business performance and KPIs.

Budgeting 52

Budgeting Leadership Finance Cost Management 52

Future CFO

OCTOBER 17, 2023

The Q3/23 CFO survey revealed that CFOs focus on profitability despite the uncertain interest rate outlook and global economy, with only 28% of the surveyed executives being pessimistic about the market situation, representing a 7% increase since last quarter.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Forecasting Finance 52

The Finance Weekly

NOVEMBER 27, 2023

Gross Profit Margin The gross profit margin indicates the , percentage of your revenue that can be considered profit after subtracting the cost of goods sold. This profit can be utilized for activities such as marketing campaigns, dividend payouts, and non-fixed costs.

Budgeting 52

Budgeting General Ledger Concentration Benchmarking 52

PYMNTS

SEPTEMBER 20, 2019

construction market is on track to reach $1.8 In order for construction firms, contractors and subcontractors to succeed in this market, projects must be completed on time and within a fixed budget. Keeping track of cash flow and spending will be essential for construction firms that are active in the growing market.

Construction 46

Construction Treasury Invoicing Budgeting 46

E78 Partners

JUNE 2, 2023

By leveraging technology, data analytics, and stakeholder collaboration, CFOs can guide their organizations to enhanced financial success in today’s competitive market.

Auditing 52

Auditing Vendor Management Leverage Leadership 52

Future CFO

NOVEMBER 14, 2019

While controlling costs remains their top challenge, employers are increasingly focused on a broader benefit strategy that goes beyond their core health and retirement offerings, Luah pointed out.

Healthcare 52

Healthcare Cost Management Numbers Planning 52

PYMNTS

SEPTEMBER 24, 2019

The main benefit of such a cost management system is that it removes financial stress for both field-based contractors and the company, Giliberto added. Field-based workers will increasingly be called upon to make installations as the solar energy market expands. “It can’t be a free for all.

Construction 40

Construction Invoicing Cost Management Treasury 40

Future CFO

AUGUST 2, 2020

“Most companies have cost models that respond to factors external to the organization,” said Jason Boldt, research vice president for the Gartner Finance practice. This might take the form of chasing the same ‘hot’ markets as competitors or overcommitting to well-known trends such as digital business or artificial intelligence.”.

Quantitative Analysis 40

Quantitative Analysis Budgeting CFO Investments 40

PYMNTS

SEPTEMBER 25, 2019

Digital cost management solutions enable construction companies to automate key aspects of spending, such as developing estimates and calculating projects’ overall budgets. Adoption of digital construction management solutions is also growing, with the market reporting a CAGR of 9.19 percent from 2018 to 2022.

Construction 43

Construction Budgeting Cost Management Technology 43

PYMNTS

MAY 5, 2016

The firm added that Asia-Pacific is now its fastest-growing market for its corporate service. I am pleased to welcome more corporate groups to join SWIFT,” said SWIFT Managing Director of Asia-Pacific Eddie Haddad. “I

Treasury 40

Treasury B2B Cost Management Banking 40

PYMNTS

JUNE 1, 2016

“This is a very new solution, for us and for the market as well. ” The partnership with MasterCard will offer corporate spenders its keystone product, the CIMB Corporate Card, used to monitor and manage employee spend. A lot of banks now do not do this business.”

Reconciliations 40

Reconciliations Cost Management Banking Numbers 40

PYMNTS

AUGUST 9, 2019

Walgreens said in a statement, according to CNBC , “As previously announced, we are undertaking a transformational cost management program to accelerate the ongoing transformation of our business, enable investments in key areas and to become a more efficient enterprise.”

Retail 43

Retail Transportation Cost Management Planning 43

PYMNTS

MARCH 30, 2018

ServiceTitan said it will use the funds to introduce new features to its solution, enhance customer support, grow into new market segments and land more deals with wholesalers and other collaborators. The solution facilitates the integration of various back-office functions, including finance, marketing and Human Resources (HR).

Startups 46

Startups B2B Mergers and Acquisitions (M&A) Accounts Payable 46

Future CFO

MAY 14, 2020

Open hiring (49%) T&E (46%) and capex investments (41%) were the most common costs that CFOs indicated they intend to reintroduce. Notably, real estate spend, sales reward trips, social media marketing and service provider contracts do not look like they will be making a rapid return to previous expenditure levels,” Bant said.

Finance 40

Finance Planning Investments Technology 40

CFO Share

DECEMBER 2, 2022

Capacity reduction is a prudent form of cost management and brings immediate cash savings. Cost management can be self-defeating when expense reductions create quality issues like long wait times, lower product quality, or slower processing. When should I reduce operating costs? Avoid the Downward Spiral.

Restructuring 52

Restructuring Cost Management CFO Forecasting 52

E78 Partners

FEBRUARY 9, 2023

E78 has made a vigorous acquisition strategy the centerpiece of its effort to enhance its position as an industry leader in the private equity market space, and the company intends to continue integrating like-minded entrepreneurial businesses in the months and years ahead. For more information, visit e78partners.com.

Compliance 40

Compliance Finance Cost Management CFO 40