How a company manages its expenses has a direct impact on its bottom line and warrants attention. Consider: the growth and management of top-line revenue are vital to a company’s success and future, but profits and cash flow define its current state. When a company saves a dollar, it really does make a dollar, sometimes...
It is a balancing act. For SMB leaders, time, money, and organizational focus must be balanced to ensure that the short-term needs of the business are addressed and that the long-term goals of the business can be realized. Who do you hire next? When do you do it yourself? When do you outsource? When do...
"For an enterprise to achieve operational excellence within procurement AND finance, the CPO and CFO must enjoy the benefits of a healthy inter-departmental partnership and achieve alignment on savings, cash management, and procurement performance."
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