Mergers and acquisitions (M&A) and improving sustainability are the first areas your peers are looking at when it comes to cost control cuts, according to a recent Gartner survey of CFOs and CEOs. In a press release, Randeep Rathindran, vice…
Cost Control
The hybrid work environment has many companies re-evaluating the cost-effectiveness of their real estate strategy. You may have noticed a major shift in work patterns in some industries: more telework and less five-day, in-person work environments. As a result, office…
Corporate travel was a casualty of the COVID-19 pandemic. As business travel begins to rebound this summer, some organizations may continue to keep travel at a minimum as a method of cost control in response to inflation and the rising…
Digital transformation is key to your role as a CFO. Most of your peers agree, according to a new study from StrategicCFO360 and accounting software provider Vic.Ai. In fact, eight out of 10 of CFOs surveyed said that automation is…
Fair scheduling laws are the latest trend employers need to be aware of to stay compliant and avoid big payouts and expensive legal battles. In response to unpredictable schedules for workers in a variety of industries, including food service, retail…
T&E is one of a company’s biggest costs. While you want to keep these expenses under control, many employees see business travel to exotic locales as one of the perks of their jobs, so it can be a tough balance…
Fraud is continuing to impact organizations. Both internal and external fraud schemes are becoming more costly, hurting companies’ bottom lines and reputations. The cost of fraud investigations is also increasing. Most global organizations surveyed for the latest Kroll Global Fraud…
Spend management means having visibility into your company's procurement, expenditures, and business and travel expenses. Not having it, or relying on old spend data, can spell trouble for company revenue. But according to the experts at PYMNTS.com, most small businesses…
Did you know your company could be losing 10% to 20% of its savings due to maverick spending? That's according to a study by fintech software provider Basware and The Hackett Group. A report by B2B software developer Order says…
Inflation hasn't been this high in decades, and you may be wondering how it'll affect company benefit costs. You're not alone. In a recent Mercer survey, most CFOs (68%) said controlling employee health benefit costs is a significant/very significant concern.…
By now, you’ve heard about Russia’s invasion of Ukraine. What we’re still waiting to see is how the war between the two countries will impact the economy. While the strongest effects will likely be felt abroad, the conflict is poised…
From Zoom to Microsoft 365, software as a service (SaaS) apps are essential to your firm. But many companies overspend on SaaS due to platform redundancies, overlooked auto-renews and missed opportunities to re-negotiate subscription/license terms. Getting more SaaS value According…
