Accounting Frontier Series: Strategic Spend Management

Strategic Spend Management

How to cut spending and transform your operations together with digital technologies

With the never ending COVID-19 pandemic and uncertain future economy, spending reduction has become the No.1 priority for many businesses. Yet, our research has found that: (1) over 80% of organizations fail to meet their reduction targets; and (2) they reduce their spending tactically by cutting expenditure without fundamentally improving their operating model. 

The outcome? Not only organizations are unable to reduce the amount of spending required, but the actions hurt morale and decrease service level, ultimately hindering organizations from recovery / growth when the economy picks up again.

To avoid these pitfalls, organizations need to approach spend management differently by adopting a "Save to Transform" strategy – Take advantage of the current slack period to digitally transform your operating model and realize sustainable spending reduction, positioning yourself better for recovery.

In this webinar, we will explore the leading practices of spend management and technology solutions that can help you:

• Gain real-time visibility & insight in your spending
• Reduce  processing time and related costs up to 70%
• Release up to 20% of full-time equivalent (FTE) capacity
• Achieve 10-15% savings on baseline cost
  

Join our one hour Accounting Frontier webinar on 18 December (Friday) and we will show you how to optimize your spend management program. 

Speakers

• Anson Mak, Associate Director, Deloitte - Accounting Operations Assurance
• Christopher Brown, Director, Deloitte – Asia Pacific Controllership Center of Excellence
• Victor Hui, Presales Solutions Manager, SAP Concur
  

Event details

Date: 
18 December 2020

Time:
3pm–4pm (HKT) live (No recording will be archived)

Language:
English

Registration

Please register online at
https://www.surveymonkey.com/r/201218assurance

You will receive a confirmation email with the Zoom meeting link as to whether your registration has been successful. 

Contacts

Anson Mak, Associate Director
Email: ansmak@deloitte.com.hk

Gallie Chan, Senior Consultant
Email: galchan@deloitte.com.hk

Registration details:
Please send your enquiries to eventenquiry@deloitte.com.hk

Deloitte Accounting Frontier Series

Deloitte's "Accounting Frontier" Series provides free educational resources and helps accounting, finance and audit professionals stay on top of the latest technologies, regulatory changes and trends in accounting, finance operations, reporting and internal controls. If you have any questions about the webinar topic and/or other accounting issues, please contact our accounting operations specialists.