The FCF Playbook: Cashflow Optimization Strategies for CFOs
The FCF Playbook: Cashflow Optimization Strategies for CFOs is a webinar for finance leaders seeking to revolutionize their approach to cash flow management. In this session, we learn how to leverage cutting-edge financial technologies at a fraction of the usual cost, transforming your organization’s cash position. Discover eye-opening negotiation tactics with tech vendors, explore innovative ways to streamline operations, and uncover strategies to maximize free cash flow.
Highlights include:
– Software is now the third largest expense for companies, with SaaS spending doubling from 2020 to 2024
– The average SaaS spend per employee per year is a “mind-numbingly large number”
– 90% of professionals find software contracts difficult or impossible to negotiate
– Vendor-provided contracts are designed to favor the vendor, not the customer
– 50% of software licenses go unused, leading to “shelfware” that provides no value
– Negotiating with SaaS vendors can lead to 5-10% improvements in profitability
– Using technology like AI and automation can help improve visibility and control over organizational spending
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