cost management
Top 10 Reasons Companies Invest in Cost Management Solutions
In an era of rapidly changing market dynamics and increased competition, companies must have a solid grasp of their cost...
Building a Cost Culture: Key Strategies for Manufacturing CFOs
Strong CFOs recognize that part of a thriving (and profitable) corporate culture includes creating awareness and understanding of the role...
Should Standard Costing Be Used for Decision Support?
Most manufacturing organizations use standard costing as the default mechanism to cost their products, inventory and estimate the cost of...
Your Customer Quote Prices Can Be Back-of-the-Envelope Math or Based on Actual Costs
A new, exciting request comes in for a product you’ve never made before. How do you evaluate the cost of...
CFO Journal: Manage Cost, Cash, Working Capital to Help Tame Uncertainty
“To reap the margin benefits that cost cutting can yield, the process should aim to provide greater visibility into cost...
CFO Magazine: 64% of CFOs Predict Net Profit Growth in 2023
“More than half (58%) of CFOs surveyed chose cost optimization among their top three areas of concern for the first...
CFO Dive: CEOs Brace for Recession, CFOs Eye Costs
“Notably, 58% of CFOs still cited cost optimization as one of their top three concerns for the next six months.”...
CFO Magazine: 58% of CFOs Said Cost Optimization Is Their Top Concern: Weekly Stat
“With workforce rationalization and liquidity also being major concerns for those surveyed (40% and 37%, respectively), the data shows finance...
CFO Magazine: 5 Accounting ‘Turnarounds’: How Manufacturing Fends Off Credit Squeeze
“For example, cost accounting takes into consideration fixed and variable costs. If a manufacturer’s operations team is only considering the...