The Growing Role of Machine Learning and Tech in Cost Containment
Seventy percent of top-level executives make key decisions based on inaccurate audits and financial reports. Two of the most common reasons for inadequate...
How Much Do Expense Reduction Strategies Cost (And Are They Worth It)?
It's one thing to have excellent sales strategies and improve your earnings. It's another thing to enjoy success without your costs also increasing....
How to Track Variable Costs to Monitor Inflation and Contain Costs
Inflation rates have hit a record high since 1981, with a CIP increase of 9.1% from the previous year. The only other crisis...
6 Cost Containment Strategies Businesses Can Implement Across Multiple Retail Locations or Offices
Franchises and other businesses with multiple locations have a lot of expenses to cover. As business owners attempt to cut costs, they may...
5 Cost Containment Strategies for Online-Only Businesses
While online-only businesses may not have many of the same expenses as brick-and-mortar companies, they do have plenty of expenses to consider. Running...
5 Expense Reduction Strategies for Retailers That Don’t Hurt Customer Experience
Retailers need to do what they can to maximize profitability, particularly following a pandemic that negatively impacted retail (and now that they face...
How Virtual Cards Reduce the Costs of Compromised Cards for Businesses
Businesses invest a lot of money securing their payment card data but are vulnerable to attacks that use compromised credit card data. Virtual...
Virtual Card Cash Back Rewards and More: 5 Ways Businesses Can Save Money With Virtual Cards
If you're looking for ways to save money as a business owner, virtual card cash back rewards are one of the best ways...
Quick Guide to Cost Containment Strategies for Manufacturers
They say it takes money to make money. But that doesn't mean that throwing money at your manufacturing business is the key to...
11 Factors Affecting Electricity Costs and How an Electricity Audit Helps
Electricity is one of the biggest factors affecting business costs, particularly when it comes to overall energy expenses. In 1979, electricity may have...