Optimizing Back Office Operations - Best Practices to Maximize Profitability (Electronic book text, 1st edition)

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 Implementation guidance is provided for Executives, CFOs, and Controllers on transitioning from outdated processes to a fully-optimized financial supply chain.