Take action now, and start saving your organization money today!
- Learn how to get your employees on board with new cost-control and cost-cutting
measures
- Gain financial analysis tools to help you determine where, when, and how to begin
controlling costs within your organization
- Discover how to examine your budget from a fresh perspective, and uncover new opportunities
to refine spending and cost management
- Get the best rates from your vendors! Learn how to re-evaluate your contracts, negotiate
for better rates, and take better advantage of discounts
- Uncover "hidden" expenses that are draining your organization's cash every
month!
Best practices and smart solutions for improving the financial health of your organization
Smart executives know that controlling business expenses and trimming excessive
costs is key to creating an organization that is competitive, profitable, and growth-focused.
This revolutionary workshop reveals how easy it can be to identify processes, day-to-day
operational activities, and financial practices that might be inadvertently draining
your business dollars. We'll show you simple, practical ways you can identify and
reduce over-spending, improve and streamline organizational processes, and practice
cost containment strategies on a variety of levels throughout your company.
Attend Creative Ways to Cut and Control Costs, and you'll discover how to
implement new cost-cutting measures, control and manage existing costs, and improve
your organization's bottom line. This is essential training for anyone interested
in more economical business practices. Jam-packed with tips, action steps, ideas,
and techniques, this course offers timely, critical information guaranteed to conserve
your organization's financial resources. You'll be absolutely amazed at how many
areas you'll find in which costs can be reduced, controlled, and managed more effectively.
This course is ideal for managers, supervisors, department heads, executives, and
financial officers who are interested in implementing practical, proven measures
to cut and control costs.
Learn from real-world examples and best practices that have proven successful in
large and small organizations nationwide. These are no-nonsense, realistic ideas,
tools, and techniques that will greatly benefit your organization — both now
and in the future. You will discover how to pinpoint opportunities for financial
gain through more effective outsourcing, contracting, bidding, and negotiations;
learn how to improve your internal systems and processes; and help your employees
develop a more cost-conscious mindset. Taking a proactive stance on cost containment
now will lessen the likelihood of having to take more drastic measures later.
Read Seminar Agenda
Creative Ways to Cut and Control Costs — Seminar Overview
Strategically and Operationally Sound Financial Management
- Examine your budget from a fresh perspective, and uncover new opportunities to refine
spending and cost management
- Identify key operational deliverables, outputs, and responsibilities, and pinpoint
the "real" cost requirements of each
- Prioritize investment of resources by determining how important they are to the
success of the organization in the short and long term
- Target opportunities for reducing costs, adjusting requirements, and streamlining
or refining certain processes
- Learn to incorporate long- and short-term strategic plans into spending and budget
management
- Account for "unknown" factors when assessing, adjusting, and forecasting
your spending plan
Monitored Metrics
- Measure and regulate spending patterns by identifying budget categories and metrics
to be checked regularly
- Follow our guidelines and create a spending schedule according to your business
needs and conditions
- Discover critical action steps (both short- and long-term) to take when costs are
on the rise
- Learn to monitor people and money issues:
- Creating a cost-conscious mindset: Ensure your people are on the same page when
it comes to cost-cutting and control issues
- Outsourcing: Learn to assess whether outsourcing certain tasks will save or cost
you money in the long run
- Training: Determine whether increased employee training will reduce expenses, unnecessary
costs, or needless spending
- Retention: Find out whether employee retention issues are really costing your department,
and what to do if they are
- Benefits: Offer a benefits package that adds up to financial value for your organization
Back to Seminar Overview
Attention to Accuracy and Detail
- Discover dozens of ways to save money simply by paying attention to "the little
things"
- Take a look at great ideas and strategies for saving money annually
- Identify even more opportunities to cut costs by refining policies and procedures
- Find out how to cut costs by examining your organization's equipment and capital
expense practices
- Implement cost checks and balances — installing systematic cost-cutting measures
in everyday systems and staff responsibilities
- Learn essential checks and balances to put in place for vendors, suppliers, contractors,
and contracted services
- Discover tips and techniques for gaining staff compliance — get everyone on
the same page when it comes to paying attention to accuracy and detail
Regular Review and Adjustments
- Learn what to look for when re-evaluating contracts
- Negotiate with vendors and suppliers for maximum cost-effectiveness
- Use research and analysis tools that will help you monitor and cut costs
- Discover best practices to implement when dealing with vendors, suppliers, and contractors
to ensure continuous service, improvements, and cost efficiencies
- Put processes in place to ensure spending remains on target and on track
Targeted Refinements and Reinforcements
- Create a cost-containment model at team, department, and organization levels
- Implement an austerity program to control all unnecessary expenditures and keep
your organization financially viable
- Learn cost-containment strategies to use in emergency situations — keeping
a handle on expenses when circumstances are beyong your control
- Measure the value of cost-cutting and cost-control actions and strategies
- Determine when cost cuts have gone too far
- Keep costs in check once purse strings have been loosened
- Discover how to reward and recognize cost-conscious behavior in your employees —
individual, team, and company-wide
Back to Seminar Overview
To find out more about Creative Ways to Cut and Control Costs, contact our
customer service department at customerservice@pryor.com
or by phone at (800) 780-8476.
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