
How To Avoid 3 Common Profit Drains
These pitfalls may seem logical, but examine them carefully to improve your bottom line.

These pitfalls may seem logical, but examine them carefully to improve your bottom line.

“Adopting a service mindset and positioning finance as a strategic partner will serve a CFO well during trying times,” says Anaqua CFO James Rochette.

“The only place you can impact cost meaningfully is the ‘transaction layer’—at the point of execution, the negotiation,” says Jon Winsett of NPI.

“Long-term value is built on understanding and supporting the strategic vision, which is the only way to drive sustainable growth,” says Yuvo Health CFO Jorge Stevenson.

“Without a secure and engaged membership base, our financial strategies would lack relevance,” says Ben Hart, CFO of Texans Credit Union.

‘Fostering a shared commitment to financial discipline promotes trust and accountability across an organization,’ says Angelo Gray, CFO of 98point6 Technologies.