Category Archives: Expense Reduction

The Benefits of Using Purchasing Cards

This week’s post and linked full PDF are by William K. Thorpe, Partner, CFO Edge, LLC. With high costs and significant processing time for using purchase orders in the procure-to-pay process, it makes sense to take a close look at … Continue reading

Posted in Accounts Payable, AR & AP Management, CFO Services, Cost Cutting Strategies, Expense Reduction, Los Angeles, Procurement Cards, Purchase Cards or P-Cards | Tagged , , , , , , , , , | Leave a comment

The Benefits of Revisiting Processes, Workflows & Technology

This week’s post and linked full PDF are by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. When companies have operated for more than ten years without significant changes to their processes, workflows, and technologies, it is likely they are not … Continue reading

Posted in Accounting Systems Design, Accounts Payable, CFO Services, Cost Cutting Strategies, Expense Reduction, Financial Infrastructure, Los Angeles, Operational Analysis, Workflows & Processes | Tagged , , , , , , , , , , , , , | Leave a comment

How to Execute an Organizational Turnaround

This week’s post and linked article are by Mark S. Becker, Partner, CFO Edge, LLC. With economic conditions now showing signs of life and growth, Los Angles and Southern California executives leading companies that have been struggling are now seeing … Continue reading

Posted in CFO Services, Expense Reduction, Growth Strategies, Los Angeles, Restructuring and Rightsizing, Turnarounds | Tagged , , , , , , , , , | Leave a comment

The Benefits of Moving to Automated Expense Management

This week’s post and full article are by John W. Braine, Partner, CFO Edge, LLC. With sales and revenue growth driving increased expenditures at many Los Angeles and Southern California companies, executives are looking at the benefits of moving to … Continue reading

Posted in AR & AP Management, CFO Services, Cost Cutting Strategies, Expense Reduction, Expense Reporting, Los Angeles | Tagged , , , , , , , | Leave a comment

What To Do When Your Clients Are Navigating Rough Waters

While recent data indicates that the economy is growing, albeit very slowly, many Los Angeles and Southern California businesses are still navigating rough waters. This is especially true for businesses that suffered disproportionately to other businesses during the downturn, or … Continue reading

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Wholesaler & Manufacturer Challenges: Strategic Cost Containment (Part 2)

Cost containment is critical for wholesalers and manufacturers, given the tight margins that most of them work within – not to mention the fact that they often must share profits with retailers. Often, however, they don’t have access to accurate … Continue reading

Posted in Cost Cutting Strategies, Expense Reduction, Outsourced CFO Services, Strategic Planning, Wholesaler & Manufacturer Challenges | Tagged , , , , , , , , , , , , , , , | Leave a comment

Managing Your Business in the “New Normal”

Since emerging from the recession over three years ago, the U.S. economy has struggled to maintain momentum and limped along at a below-average growth rate. Unemployment has also remained stubbornly high, hovering around 8% nationally and remaining above 10% in … Continue reading

Posted in Expense Reduction, Financial Strategy, Financial Trends, Strategic Planning | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Cutting Business Expenses Through Unconventional Methods

In these challenging economic times, many companies are looking for ways to reduce expenditures. This CFO Edge article… Cutting Business Expenses Through Unconventional Methods …suggests some outside-the-box ways to streamline operations and reduce expenditures. While the first instinct for struggling businesses … Continue reading

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