Insight

Cost Efficiency: Definition and Strategies for CFOs

Cost efficiency is a critical consideration. KPMG shares how CFO’s lead enterprise cost optimization efforts through proactive cost-reduction strategies.

Proactive cost reductions that support long-term strategic goals

Resilience and recession-proofing 

Cost efficiency—the ability to maximize profit while minimizing expenditures—is a key component of productivity. Although it is something organizations should always strive for, many embrace cost discipline fully only during difficult times. As we enter a potential recession, those times are now.   

KPMG offers insights into how CFOs can build resilience into their organizations through improvements in their cost structure that support long-term strategic goals.
 

How to play offense against a recession

Facing the prospect of a downturn, CFOs need to focus on building a leaner, more cost-efficient finance function through process, technology, and workforce efficiencies.

Three levers to optimizing costs

KPMG offers a solution-focused approach based on speed to insight, integrated strategies, and a structured framework.
 

Contact Us

Douglas Baker

Douglas Baker

Principal, Advisory, Finance Transformation, KPMG US

+1 617-988-6311
Ivan Teodorovic

Ivan Teodorovic

Principal, Advisory, Strategy - COE, KPMG US

+1 415-793-6507
Julie Fults

Julie Fults

Director Advisory | Finance Transformation, KPMG US

+1 312-665-3847
John Whalen

John Whalen

Director Advisory, Finance Transformation, KPMG US

+1 212-954-4327