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CFOZone Experts

Opinions and views from expert CFOZone members.

Tag >> costs
Jun 17
2010

Non-profits with the biggest overheads

Posted by Going Concern in Spendingexpensescostscost reductioncost cuttingcash managementCashCareers/Management

Going Concern

Submitted by Adrienne Gonzalez, republished from Going Concern, Accounting News for Accountants and CFOs.

Administrative expenses are a part of any non-profit's overall operating expenses and though donors generally give to charity with the hope that their contributions will help fulfill the organization's mission as opposed to cover SG&A, Charity Navigator has a top ten of the worst offenders when it comes to admin expenses. Let's take a look, shall we?

Jun 08
2010

Strikes in China could mean lower US profits

Posted by Ron F in workersoutsourcingoffshoreMalaysiaemerging marketseconomyearningsdemandcostscost reductioncost cuttingconsumer spendingChinaCareers/Management

Ron F

Rising labor strife in China has potentially significant implications for US companies and financial markets. The irony is that what companies want isn't necessarily the same thing that markets do.

Yves Smith over at Naked Capitalism does a good job of explaining why.

May 21
2010

Yet another view of outsourcing

Posted by Ron F in Riskoutsourcingemerging marketsDealscostscost reductionCash

Ron F

As a follow-up to yesterday's blog on Molson Coors' experience with outsourcing, the CFO of the Latin American division of Dutch comglomerate Philips provided a different perspective Thursday morning at the Hackett Group's best practices conference in Atlanta.

While Molson Coors' CFO Stewart Glendinning expressed disappointment over high turnover rates at the outsourcing company the beer company signed up with, Philips' Latin American CFO Ronald Eikelenboom said he planned on high turnover when he inked a deal with Indian outsourcer Infosys in late 2008 to expand the two companies' relationship to Brazil, where Philips' Latin American operations are based.

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