Optimizing Back Office Operations

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A01=Zahid Khalid
accounts payable
accounts payable management
accounts receivables
accounts receivables management
Author_Zahid Khalid
back office accounting
back office efficiency
capital optimization
Category=KJMV1
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
financial supply chain
financial supply chain processes
purchasing
purchasing management
supply chain
supply chain management
supply chain managers
Zahid Khalid

Product details

  • ISBN 9780470531891
  • Weight: 408g
  • Dimensions: 161 x 236mm
  • Publication Date: 19 Mar 2010
  • Publisher: John Wiley & Sons Inc
  • Publication City/Country: US
  • Product Form: Hardback
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According 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. Optimizing Back Office Operations: Best Practices to Maximize Profitability 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 Implementation guidance is provided for Executives, CFOs, and Controllers on transitioning from outdated processes to a fully-optimized financial supply chain.

ZAHID KHALID is Managing Partner at The Hardstone Group, a management consulting practice specializing in helping clients increase profitability through improvements in financial supply chain processes. He has authored numerous articles on finance and technology in various industry publications and is a frequent presenter at events related to working capital optimization. He can be reached via the firm's Web site: www.hardstonegroup.com.

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