Bringing the Discipline of Direct Cost Management to G&A Costs
A report on midsize companies prepared by CFO Research Services in collaboration with Expense Reduction Analysts.
Contents
- Finance teams at midsize companies return to fundamentals
- Cost reduction will play an important role in maintaining profitability
- Companies aspire to use cost savings to strengthen the balance sheet and maintain headcount
- Companies direct more resources to managing direct costs than they apply to managing G&A costs
- Finance executives anticipate organizational and operational benefits to emerge from cost reductions
- Finance executives seek to guide employees to greater thrift
- Sponsor’s perspective
It’s hard enough to get a good night’s sleep these days. We can help. Expense Reduction Analysts will either cut your spending in G&A categories by up to double-digit percentage points—or we’ll confirm that you’re doing a great job and there are no additional savings to be found (in which case we’ll charge no fee). Either way, you’ll rest easier knowing that you’re taking hard-hitting, proactive steps to invigorate your balance sheet.
Featured Publications
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Cost Savings Today - 3/2011 |
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The Sustainability of Cost Reduction Processes Overhead Cost Reduction Processes are Important to European Companies |
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Cost Savings Today - 4/2011 European companies analyse their non-core spending on a regular basis. Based on a survey done by the EBS Business School in Oestrich-Winkel (Germany) and Expense Reduction Analysts 83% of the companies confirmed to have undertaken such processes throughout the last 3 years. In total 301 companies from Belgium, France, Finland, Germany, Italy, the Netherlands and Spain took part in that survey. |
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