Optimizing Back-Office Operations: Best Practices to Maximize Profitability; Contents; Preface; Chapter 1: Profits: The Reason a Business Exists; Chapter 2: Cost and Capability: Strategic Choices; Chapter 3: Financial Supply Chain: Entering the Gold Mine; Chapter 4: Platform for Execution: A System for Maximizing Profits; Chapter 5: Optimizing Accounts Payable; Chapter 6: Optimizing Accounts Receivable; Chapter 7: Optimizing Purchasing; Chapter 8: Optimizing Treasury Operations; Epilogue; Index.
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SUMMARY OR ABSTRACT
Text of Note
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 outdate.