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Dear {{lead.First Name:default=Subscriber}},
Cost reduction is the number one challenge facing businesses today*. That’s why successful Finance leaders are using specialist software to take a fast, data-driven approach to achieve cost reduction goals. They’re using state-of the-art software to map their current operating model and then rely on online scenario modelling capabilities to select their target operating model after analysing the associated costs, benefits and risks.
A common pitfall for cost reduction projects is to cut people and resources without a true understanding of the skills and capabilities being lost. This oversight can often lead to cutting the wrong people and resources, which results in higher costs in the long term e.g. re-hiring for the same roles and often on expensive contract terms. Experienced finance leaders are aware of this pitfall and apply specialist techniques to avoid it. By taking a data-driven approach to cost-reduction projects, goals are more likely to be achieved while retaining vital skills and capabilities.
Download OrgVue’s Cost Control eBook to discover how:
- Organisations are using the latest data-driven and digital techniques to achieve cost reduction goals
- A global retail business reduced annual costs by $50 million USD while retaining valuable resources
- A fast food giant planned their project to secure cost-savings of $200 million USD over 3 years
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