Cost Reduction
Essentially healthy companies saw their revenue decline drastically because of Covid-19.
Depending on the industry, turnover and revenue can suddenly
drop to zero, while substantial fixed expenses like rent, personnel,
energy and insurance costs remain high.
Define and deploy short-term actions
Organizations will not only have to anticipate a possible liquidity squeeze, they must also analyze existing cost structures. Both will enable them to define and deploy short-term actions.
TriFinance has built a team of experts that can manage, improve or implement costing systems. We can analyze your income statement and balance sheet in terms of consumptions and stocks, checking for potential savings.
![TriFinance](/uploads/optimized/landing-content-sections/20211005.112845.615c36ed020e4.jpg)
Focus points
- Check and Optimization of purchasing volume (“Spend cut”)
- Identification of cross-functional improvement opportunities from an End-to-End perspective
- Process automation (RPA) to increase efficiency and generate a positive impact on margins