Innovative Cost Savings Strategies

The course is mainly based on sharing real examples of what an organization can do to save costs. In addition, this interactive course will include presentations by the consultant as well as individual and group exercises and workshops.

By the end of the course, participants will be able to:

• Identify how costs affect both cash and accrual basis income
• Analyze HR costs and find ways to decrease them before firing employees
• Research and advise on cost cutting in different departments
• Suggest and implement industry related cost saving strategies and techniques
• Find new ways of doing business that can save hidden costs

Financial managers or directors, accountants, financial assistants, budget accountants, analysts, budget and planning managers and coordinators, operations managers, HR managers, facilities managers and professionals interested in cost savings.

• Analyzing costs
• Assessing value adding costs
• Decreasing costs
• Cutting costs
• Advising to buy or lease
• Evaluating performance