Increasing competition requires businesses to ensure that every dollar is spent wisely.
Just throwing money at a problem doesn’t work in today’s budget-constrained, cost-savings focused environment. Finance professionals must ensure that assets, both human and capital, are being used efficiently.
Metrics such as revenue per employee and asset utilization are being closely monitored to make sure that investments are optimized.
With the increasing complexity of today’s IT environment, finance professionals are challenged with managing the predictability of IT costs and accurate budgeting.