Financial Terms Glossary

Cost Savings

Formal

So you want to invest to make your business more efficient. Well, how are you going to quantify the impact of your brilliant decision? Try 'cost savings' 'revenue acceleration' and 'reduced customer churn'. These are the measurable pounds, euros and dollars compared against the original investment cost to determine whether returns are acceptable.

Informal

Efficient businesses don't waste money! They run like well-tuned engines and don't carry 'fat'. They are more valuable because they maximise their profits and minimize costs. If a well-run business is asked to spend money on investment - the first question is 'how much will it save', followed by 'for how long?' and finally by 'will it improve our service to the customers?'

What we do

At Shark Finesse we have created business case software to help you win budget and change the way you talk to customers about business value.
Find out how

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Phone
+44 (0)1256 338635
Address
Grove House, Lutyens Close
Basingstoke, Hampshire
RG24 8AG, UK