Accounting Software 411 - Confidential: The Best Kept Profitability Secrets of Top Finance Execs

Confidential: The Best Kept Profitability Secrets of Top Finance Execs

Product Name:	ExpenseWatch Spend Management by ExpenseWatch
Download Type:	Webcast
Format:	Weblink

Description:
Did you know that a 1% decrease in operating costs is equal to a 10% increase in revenue?

Join Brian Klemenhagen, Senior Principal from TripleTree, a research-based investment banking firm, for this highly informative complimentary webcast on how spend management best practices can improve the profitability of your company.

More than $500 billion in annual profits are lost each year because companies fail to organize and analyze spend data and implement best practices to capture these lost savings. In fact, less than 20% of organizations fully utilize spend management best practices.

Despite these startling statistics, spend management practices offer companies one of the best, but least known paths to improved profitability. New technologies, especially today’s “on-demand,” web-based solutions are driving the ability for companies to analyze, organize and act upon spend data to eliminate unnecessary costs.

In this webcast, Brian will share research results from his recent studies on spend management best practices and Software as a Service (SaaS) technology. You’ll learn:
• How on-demand, SaaS is changing the rules of the game
• Why spend management offers the least known, but best path to profitability improvements
• What is driving spend management practices
• Spend management key disciplines—where to start
• Challenges that may impede long term spend management success

This webcast is brought to you by the developers of ExpenseWatch.com, a subscription-based service that gives small and midsized companies comprehensive tools to control and reduce operating expenses.

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