Optimizing Back Office Operations

Download or read book Optimizing Back Office Operations written by Zahid Khalid and published by John Wiley & Sons. This book was released on 2010-01-28 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Implementation guidance is provided for Executives, CFOs, and Controllers on transitioning from outdated processes to a fully-optimized financial supply chain.