The good news is that companies these days treat cost containment as a discipline and an ongoing process rather than reactively. The not-so-good news is that they tend to focus on minor, low-yield initiatives and on squeezing expense out of their processes.
Western companies face a tsunami of change and challenges from growth-hungry contenders based in the rapidly developing economies, say three experts from The Boston Consulting Group.
As providers of finance and accounting outsourcing services extend the range of their offerings, contract negotiations are becoming more complex. Lisa Ross, CEO and founder of FAO Research, talked with Business Finance about pricing models in the increasingly competitive FAO market.
The search for growth dominates the strategic agenda at many organizations. But choosing growth for its own sake may be shortsighted and even dangerous, argue A.T. Kearney partners Mary Larson and Graeme Deans.
Myrna Hellerman, senior vice president and Midwest regional manager with strategic HR advisory firm Sibson Consulting, talked with Business Finance about the increasing complexity of long-term incentives and how it's changing the finance/HR dynamic.
Interest in global accounting standards is on the rise among finance pros, though many fret about the cost and complexity of conversion from U.S. GAAP.
Barcodes for financial reports? Authors Peter Weverka and Wilson S. So explain the basics and the benefits of eXtensible business reporting language in a new book.
Having completed 400 acquisitions within the past 20 years, Aon’s new CFO, Christa Davies, says that the company’s finance organization must undergo a top-to-bottom optimization before key objectives can be met.
Bringing in outside expertise can help internal audit departments meet ever-increasing demands, but like any outsourcing initiative, internal co-sourcing calls for careful due diligence. The Institute of Internal Auditors recommends these 10 steps to success.
Global Trade and Logistics: Ask JPMorgan your questions
