Cost Optimisation and Unlocking Business Performance

by

Cost optimisation is essential for growth, but success depends on knowing where to focus. As an accountant, you can play a key role in developing an effective and sustainable cash transformation strategy.

£100 +VAT

4 CPD hours

120 days’ access

Use ACPD101 for 10% off any purchase.

Cost Optimisation and Unlocking Business Performance

£100 +VAT

4 CPD hours 120 days’ access
Use ACPD101 for 10% off any purchase.

Cost Optimisation and Unlocking Business Performance

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Explain why short-term cost-cutting often harms long-term growth
  • Make cost optimisation an ongoing, collaborative effort across the business
  • Align cost decisions with strategy, customer needs, and financial visibility
  • Understand the role of cost discipline and resilience in navigating change
  • Recognise how employee performance and ethical choices impact cost outcomes

About the course

Cost optimisation is no longer just a response to pressure, it is a strategic tool to fund growth and a competitive necessity. But success depends on knowing where optimisation will be most effective. In a rapidly changing world, cost transformation must be dynamic, embedding a culture of discipline for a sustainable future. Accountants have a key role in shaping an effective and sustainable cash transformation strategy.

This course explores the practical realities of building an organisation-wide cost transformation strategy. It examines common pitfalls, how to engage internal teams in the cost agenda, and how to drive value through supplier relationships. You’ll explore smarter approaches to cost-cutting, and how to align optimisation with business operations.

You’ll discover how technology can enhance customer experience, reduce costs, and deliver greater sustainability in cost transformation. The course also considers the accountant’s ethical responsibilities, and how integrity and good judgement can guide businesses through cost transformation with confidence.

Contents

Cost optimisation and accountancy

What is cost optimisation?
Cutting indirect costs
When inflation challenges business revenue
Avoiding cost fatigue
A balanced approach

Developing a fresh approach

Prepare for anything
Strategic cost optimisation
The importance of planning
Reviewing supplier contracts
The importance of dynamic cash forecasting

Wealth from innovation

Innovate to create wealth
Revenue from innovation
Building operational resilience
Performance from purpose
Pricing optimisation

Sustainably transforming costs

Creating cost discipline
Managing liquidity
The role of digital tools
The growing cost of data

Nurturing business performance

Changing habitual behaviour
Risk and reward
Spotlight on corporate culture
Optimising business operations

Looking ahead

Turbulent times
Unethical choices and sustainability
The cost of conflict
The rise of social value

How it works

Author

Carol Baker

Carol Baker

Carol Baker is Editor-in-Chief at Credit Control Journal and Asset & Risk Review, IT for CEOs & CFOs, and Property Finance & Lifestyle. Carol has been a journalist for a number of years including for ICAEW, the Financial Times, and the Guardian and often works alongside others to uncover corporate financial frauds.