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Cost management

Articles, reports and other resources that enable accountants in business to make a real difference to their organisations by providing them with practical information on the latest thinking in cost management.

Currency hedging

Tumultuous times have ensued since the EU referendum vote and the election of US president Donald Trump – not least where business cash flow is concerned. David Craik looks at the volatility of the pound and how this will affect SMEs.

Doing more with less

Due to the challenges 2016 has presented, business leaders have the hard job of cost optimisation. The Hackett Group shares some ways to cut costs without causing a catastrophe.

Buying into change

Better procurement used to mean just cutting costs, but today businesses find innovation and collaboration are the key to improved efficiency.

Internal audit - Members opinions

In the February issue of Finance & Management, we published an article by Robin Pritchard, focusing on the need for audit committees to demand more of their internal audit function, and for internal audit to take a more proactive role in the business. Here two veterans of internal audit give their responses.

Hospitable me

Entertaining clients can be essential to sealing the deal, but it's a marketing expense that must be monitored and justified. Martin Finn asks how best to wine and dine on account.

Why don't back-office efficiency drives work?

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A granular look at back-office operations shows why across-the board cuts make no sense. Marco Ferber, Jürgen Geiger and Klaus Kunkel explain.

Improving undocumented processes

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In most organisations there are hidden opportunities to reduce costs and create spare capacity. Finance can – with employees’ help – uncover and exploit these, as Brian Plowman explains.

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