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Cost reduction analysis: A benchmarking guide for treasury managers
Author(s) -
Reider Rob
Publication year - 2004
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.20069
Subject(s) - benchmarking , treasury , cost reduction , cash flow , reduction (mathematics) , business , cash , accounting , operations management , finance , economics , marketing , political science , geometry , mathematics , law
Treasury managers know that strong sales and timely collections are major contributors to cash flow. But effective cost reduction can be an even greater contributor, argues the author of this article. And he presents a detailed guide to using benchmarking for cost reduction. © 2004 Wiley Periodicals, Inc.