{"product_id":"optimizing-back-office-operations-best-practices-to-maximize-profitability-hardback-9780470531891","title":"Optimizing Back Office Operations; Best Practices to Maximize Profitability (Hardback) 9780470531891","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eOptimizing Back Office Operations\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eBest Practices to Maximize Profitability\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eZahid Khalid (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780470531891, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 19 March 2010\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e224 pages, Tables: 8 B\u0026amp;W, 0 Color; Exhibits: 26 B\u0026amp;W, 0 Color\u003cbr\u003e23.6 x 16.1 x 2.1 cm, 0.408 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eAccording to industry experts, a typical one billion dollar company spends approximately $27 million on unnecessary working capital and inefficient processing functions because they lack visibility into the financial supply chain. \u003ci\u003eOptimizing Back Office Operations: Best Practices to Maximize Profitability\u003c\/i\u003e uses examples and case studies to show how cost optimization—and not cost reduction—in the core back office operations is the right approach to maximizing profitability and enterprise value. Implementation guidance is provided for Executives, CFOs, and Controllers on transitioning from outdated processes to a fully-optimized financial supply chain.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 Profits: The Reason a Business Exists 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProfitability Defined 2\u003c\/p\u003e \u003cp\u003eProfitability Equation and Related Metrics 9\u003c\/p\u003e \u003cp\u003eLiquidity, Growth, and Financial Flexibility 19\u003c\/p\u003e \u003cp\u003eConclusion 25\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 Cost and Capability: Strategic Choices 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCapability: One Size Does Not Fit All 28\u003c\/p\u003e \u003cp\u003eCost: You Get What You Pay For 34\u003c\/p\u003e \u003cp\u003eMeasuring Capability 41\u003c\/p\u003e \u003cp\u003eConclusion 44\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 Financial Supply Chain: Entering the Gold Mine 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Is the Financial Supply Chain? 45\u003c\/p\u003e \u003cp\u003eWorking Capital Defined 50\u003c\/p\u003e \u003cp\u003eWorking Capital Processes 59\u003c\/p\u003e \u003cp\u003eConclusion 65\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 Platform for Execution: A System for Maximizing Profits 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProcess Benchmarking 74\u003c\/p\u003e \u003cp\u003eProcess Optimization 86\u003c\/p\u003e \u003cp\u003eProcess Automation 86\u003c\/p\u003e \u003cp\u003eProcess Integration 88\u003c\/p\u003e \u003cp\u003eProcess Standardization 89\u003c\/p\u003e \u003cp\u003eConclusion 92\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 Optimizing Accounts Payable 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eImplications of A\/P Effectiveness 97\u003c\/p\u003e \u003cp\u003eBest Practices 99\u003c\/p\u003e \u003cp\u003eEnabling Technologies 115\u003c\/p\u003e \u003cp\u003eConclusion 122\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 Optimizing Accounts Receivable 125\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eImplications of A\/R Effectiveness 126\u003c\/p\u003e \u003cp\u003eBest Practices 130\u003c\/p\u003e \u003cp\u003eEnabling Technologies 137\u003c\/p\u003e \u003cp\u003eConclusion 144\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 7 Optimizing Purchasing 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eImplications of Purchasing Effectiveness 149\u003c\/p\u003e \u003cp\u003eBest Practices 152\u003c\/p\u003e \u003cp\u003eEnabling Technologies 160\u003c\/p\u003e \u003cp\u003eConclusion 168\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 8 Optimizing Treasury Operations 171\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eImplications of Treasury Effectiveness 175\u003c\/p\u003e \u003cp\u003eBest Practices 179\u003c\/p\u003e \u003cp\u003eEnabling Technologies 193\u003c\/p\u003e \u003cp\u003eConclusion 200\u003c\/p\u003e \u003cp\u003eEpilogue 203\u003c\/p\u003e \u003cp\u003eIndex 207\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52276360904984,"sku":"9780470531891","price":36.39,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470531891_232447.jpg?v=1781367110","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/optimizing-back-office-operations-best-practices-to-maximize-profitability-hardback-9780470531891","provider":"Freshly Printed Books","version":"1.0","type":"link"}