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Sarbanes-Oxley News & Developments
CFOs Still See Room to Cut CostsSo where are they finding opportunities to rein in spending?
> > Nearly 60% of CFOs are focused on overhead services; 45% are also working with business units to manage and reduce demand. Despite three years of downsizing and belt-tightening throughout Corporate America, 85% of CFOs reported that cutting costs is still their highest priority, according to a new Booz Allen Hamilton report. IT complexity has become a critical success factor in managing overhead costs.
Source: CFO
Published:2004-05-11
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