Despite the practical difficulties that CFOs of cash-starved companies face, there are important steps they can take -- even after seeing out efficiency improvements and cost-cutting opportunities. These include looking at taxes and tweaking internal processes
This video clip from Ernst & Young discusses why CFOs should be driving a partnership with the head of supply chain. Supply chain holds the largest proportion of business cost, and is closely linked to profitability and productivity. This makes it an important issue for the CFO.
In today’s uncertain economic environment, cash accumulation is a prudent strategy. Large cash reserves can act as a safeguard against a future downturn, while building a war chest for future investments once the worst of the crisis is past. This cycle of cash accumulation is unlikely to be broken any time soon.
This report from Ernst & Young is based on a survey among Chinese companies that took place in November 2012 to January 2013 with over 1700 respondents. The survey shows that with profit margins under pressure for Chinese companies, the need of raising productivity levels are crucial.
Latin American companies have long been overlooked in the global growth market. However, as this report from Ernst & Young states, within the next few years Latin American companies’ are expected to expand significantly outside their borders.
Globalization continues to define our business landscape, increasing the levels of cross-border trade, capital and labor integration. This Ernst & Young report measures the world’s largest economies’ degree of globalization across five main pillars: openness to trade, capital flows, exchange of tec
How can you be confident your company is able to meet the risks and challenges currently on the horizon? And how can you know that opportunities aren’t passing you by? This report identified a top 10 list of risks and opportunities in 2013.
This Ernst & Young report explores key considerations for the CFOs of both cash rich and cash poor companies, to help the financial professionals seize the opportunities, manage the complexities and steer their company through this unusual economic environment. Inside: Drowning &ndas
Most foreign multinationals in China remain profitable, yet the business environment is more challenging now due to the slowdown of China’s economy. 84% of the respondents say that productivity will be either “extremely” or “very” important to business performance in the next one to three years. The
79% of CFOs agree that their financial expertise means they are more in demand than ever for board-level roles. This Ernst & Young report, based on a survey of 800 CFOs globally and a series of studies and in-depth interviews with leading CFOs, explores the possibilities and pathways open to CFOs today.