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Inflation Wars: Just Cut Costs? Not This Time – Government Contracts, Procurement & PPP


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Time’s up…”Hey Finance team, are our planning tools

Investors erratic behavior and news headlines last week
triggered contingency planning déjà vu from March
2020. The Fed is on the case to tame the markets but economic
headwinds can be diverted not destroyed and inflation is driving up
material and labor costs faster than even the most agile companies
can react. Dusting off the old Cost Takeout playbook of yesteryear
will treat symptoms but not provide a sustainable cure which means
all eyes are on CFOs to develop a value protection strategy that
balances short-term Cost Cutting (some of this) and ongoing Value
Optimization (more of this). This is an overwhelming ask for
companies with immature Finance functions, let alone PE funds with
entire portfolios of companies with this profile. But those leaders
with an updated, digitized back office (think procurement tools,
cash management governance, and scenario planning analytics) will
have visibility into performance drivers necessary to inform
fireproof response strategies. It’s getting hot in here…

Originally Published 23 May 2022

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

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