Optimizing back-office operations best practices to maximize profitability - Khalid, Zahid (John Wiley & Sons, 2010)
Includes bibliographical references and index
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 outdate