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Optimizing Back Office Operations: Best Practices to Maximize Profitability

Optimizing Back Office Operations: Best Practices to Maximize Profitability

Hardcover

AccountingManagement

ISBN10: 0470531894
ISBN13: 9780470531891
Publisher: Wiley
Published: Mar 8 2010
Pages: 224
Weight: 0.90
Height: 0.90 Width: 6.30 Depth: 9.00
Language: English
According to industry experts, a typical one billion dollar company spends approximately $27 million on unnecessary working capital and inefficient processing functions because they lack visibility into the financial supply chain. Optimizing Back Office Operations: Best Practices to Maximize Profitability uses examples and case studies to show how cost optimization--and not cost reduction--in the core back office operations is the right approach to maximizing profitability and enterprise value. Implementation guidance is provided for Executives, CFOs, and Controllers on transitioning from outdated processes to a fully-optimized financial supply chain.

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Accounting