In a recent survey finance execs agree, the 6 biggest internal threats to their cash are:
- Sales and Marketing
- Customer Service
- Administrative Services
- Facilities Management
- Supply Chain
- Inventory
Identifying these threats is a start, but far from enough to stop wasteful spending and cash from quietly leaking out of your organization's bank account. You need to systematically break down each area to determine, where money is being lost, why and how much. Only then can finance implement internal controls to tune, tighten and stop inefficiencies and change spending habits. How to do it?
The Solution: "Biggest Cash Drains Lurking Outside Finance"
Best and latest ways to spot and prevent cash drains
- Guide to finding your greatest cash-compromising vulnerabilities
- Top 6 areas cash drains may be hiding
- Common incentives that quietly hurt the bottom line
- Wasteful supply-chain spending that slips past most companies
- Moving products fast without facing a loss
Jammed with proven strategies and examples, this fast-read executive report gives you actionable tactics you can use today to find and eliminate the greatest cash-compromising vulnerabilities lurking throughout your organization.
Keys to eliminating excess spending in other departments
- 5 major areas where cash leaking can be tightened
- Incentive programs that reinforce commitment to saving
- Proactively managing suppliers to avoid dealing with damage control
- 3 areas of inventory where the most cash slips through
- Common ways employees are hiding theft
- 3 questions that will help you bulletproof your pricing decisions
- Calculating the cost of saying "yes" to new products and services
- 3 opportunities to start saving on shipping
- Protecting the supply chain against unexpected vendor failure
- Real-life examples of how other companies are saving successfully
"Biggest Cash Drains Lurking Outside Finance" is a clear and complete guide that gives you proven strategies and practical steps any company can use to uncover and correct ineffective and excess spending in any department.
Effective ways to crack down on wasteful spending





