At the Prime Advantage Spring 2017 Conference, manufacturing professionals came together during the Business Roundtable and Benchmarking Sessions to discuss the biggest issues they’re currently dealing with and teased out solutions for tackling them. Members realize that they’re not alone in the challenges they encounter in their day-to-day activities and that through shared intelligence and experiences, there isn’t a single problem that couldn’t be solved together.
The most strategic of CFOs are able to answer the tough questions, and answer them well. They create clear visibility into what's driving -- or veering the company away from -- profits and growth. Intacct Corporation recently hosted a webinar entitled, "5 Questions Every CFO Should Expect From the CEO," explaining that financial executives are playing a larger organizational role than ever before. Businesses look to their finance department to provide leadership in understanding the dollars and sense of how their company is truly running under the hood. All while asking them to balance the monetary aspects of the business with the operational.
Everyone knows how to negotiate based on price. Dollars and cents are easy to compare, but how does one measure the value you receive at that particular price? This abstract concept has long been pushed as a best practice but can be vague and time consuming to measure.