Are you expected to perform better with fewer resources and at the same time cut your organization’s exposure to risk?
Finance leaders globally are set this very challenge. Not one or the other, but both.
The trouble is that initiatives brought in to try to cut risk typically involve hiring new staff, adding to headcount and cost, as well as introducing processes that slow down decision making. So much for that boost in efficiency.
But when it comes to managing business spend – an area rife with risk – the same rule doesn’t necessarily apply.
Developments in Business Spend Management (BSM – from procurement to supplier management and invoicing to expense management) have created the opportunity to reduce risk while also increasing efficiency.
Read the Internal Controls: How to Reduce Risk and Increase Efficiency e-book to find out just how. You can download it here:
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