Be Ready: Four Ways to Future-Proof Your Business
Even when your company has rock-solid spending plans and well-crafted spending policies, it must be ready for change.
That’s because the future is packed with unknowns:
That’s because the future is packed with unknowns:
- The financial outlook is uneven globally and unlikely to change in the near term — the International Monetary Fund (IMF) projects 3% global growth in 2028 (the lowest medium-term forecast since 1990). In response, most CFOs are being cautious by focusing on cost reduction and cash flow management to continue driving profitability.
- Growth projections, corporate priorities, and business budgets will always change and evolve. For example, 56% of CFOs and heads of finance agree that the growing complexity of financial forecasting and budgeting is the biggest internal challenge to their business.
- Tax rules, changes in supplier relationships and costs, and budget forecasts will continue to shift.
- Sales momentum will go through cycles of speeding up and slowing down — and spending usually follows suit.
مقدم المستند: Concur Tech(UK)Ltd(Maidenhead) | الحجم: 1.85 MB | اللغة: الإنجليزية