The Deloitte CFO Survey results for 2023 Q2 provide some fascinating insights into the current challenges facing businesses in the UK.
The requirement for cost reduction is at levels close to those in the early months of the pandemic, highlighting the need to act swiftly and effectively to ensure business performance is sustained.
Alongside cost reduction, the likelihood of hiring new staff has stabilised at pre-pandemic levels. This provides assurance that cost-saving measures are being deployed but is likely to create challenges with operational resiliency.
The data being captured over a regular and prolonged period of time in standardised format, really does help draw out trends and our initial reactions to poignant moments in recent history.
If you need support identifying cost savings or increasing resilience for your department or business, Pro-Sourcing Solutions is able to discreetly help. To provide complete assurance your saving will be greater than any spend, we provide our Savings Guarantee.