It's time for CFOs to step-up!

By Nandita Singh

Economic uncertainty, regulatory compliance requirements, investor scrutiny, dynamic businesses with shifting goal posts… amidst all these challenges, the CFO is at the heart of cost control. However, during the last decade-and-a-half the decision-making ground has shifted hugely in favor of the CIOs, with many of them having a great blend of skill sets business heads are noted for. These CIOs are making strides across all verticals, as traditional businesses transform into technology-led business propositions. Given, the background and the cross vertical hiring trends reported by a number of analyst firms in 2016, it won’t be long before the last bastion of control CIO rallies up to falls, and a CIO-CFO professional breed of reckoning begins to rise.

Meanwhile, for the CFOs, increasingly, it is not just about maintaining books and exercising control. The CFO-CIO alignment required to run the company is becoming critical. That doesn’t leave CFOs much choice but to learn and adapt to technology. Come to think of it… which CFO will have any resistance to technology that can cut cost better and improve visibility on how his decisions are supporting and driving the business?

So, how can we at Voice&Data help CFOs rise to the challenge of taking charge, and maintaining good control system so as to ensure profitability?

Being in the business of communications and given that ‘communication expense’ makes for one of top 5 expenses any enterprise incurs, we are putting together, along with TEMIF (Telecom Expense Management India Forum), an interactive workshop on Telecom Expenses Management (TEM) for you where the objective is to create a platform to share global best practices and live case studies related to TEM.

The telecommunication services are the backbone of any business and add considerable worth at every stage of the value chain. Efficient sourcing as well as utilization of telecom inventory (phone lines, mobile connections, internet, leased lines etc.) can result in optimal telecom expenses without compromising productivity, therefore increasing the profit for an organization.

Utilizing the principles of efficient sourcing and management of telecom services including its expenses, leveraging TEM Software Services, Tools & Framework the full- day intensive TEM Workshop scheduled for July 8, 2016 in Delhi addresses:

• Re-engineering telecom expenses.
• Fixing the Problem of Over Spending and chasing Savings.
• Business Intelligence: Telecom Usage analysis ( Decision Support Systems & expense Auditing ) to Predictive Analysis ( Efficiency & profit generation).
• TEM ERP starts where ERP Ends – Telecom Resources planning to Telecom Expense Monetizing.

The knowledge sharing is via interactive business case studies by industry leaders who have been through the telecom expense pain and have worked their way through it.   The learning is hands-on and experiential.

So, if you want to cut down wastage, re-claim profits and control telecom expense, this is the workshop for you. Learn from best global practices to save up to 40% of communication costs.

You can register for the TEM 2016 Workshop here.