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How to Find Waste, Identify Unnecessary Patterns and Cut Spending

For accounting professionals looking to make a positive impact on their company’s bottom line, keeping a close eye on cash flow can mean the difference between profit and loss. As keepers of the books, finance managers are in prime position to evaluate expenditures, find ways to save the business money, and stand out as a valuable asset to the organization. If done carefully and judiciously, cost cutting can help maximize efficiency without causing any negative repercussions. Wouldn't it be nice to squeeze more profit from the existing revenue base just by managing expenses more closely and wisely?