Finance functions are increasingly given aggressive top, and bottom-line goals, and many will use personnel cost-reduction as the solution. CEB research has shown that this is often not the best strategy.
The best companies are using broader strategies to target cost control in areas including HR, purchasing, outsourcing, taxes, and exports.
Before you decide to reduce cost via your personnel, see our resources collated from leading finance teams to help you:
- Prioritize all of your cost reduction areas
- Achieve cost reduction goals through better planning
- Get your organization to commit to your cost reduction and control strategy
This guidebook offers cost reduction and control best practices from companies who have already seen success. Download your copy today.