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The Profitability Safety Net No CFO Should Be Without

Sponsored By PROS

Topics:: Accounting > Revenue Management; Finance & Risk Management

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Abstract:: CFOs are the ultimate guardians of profitability. As such, they have invested in what equates to a "profitability safety net" that is intended to give them visibility and control over all profit factors. However, the resulting net often has a gaping hole: Processes, technologies, information, people and governance that have been put in place over the years and been put to the test during the recent economic downturn have helped restore margins but failed to correct structural leakage and protect against increasing uncertainty.

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Released: June 30, 2011

Length: 4 pages

Format: PDF (306 kb)

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