Finance and Accountancy Briefing

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What can Europe learn from Asia in improving profitability?

Overview

Adopting change, and evolving financial processes are key to enabling organisations to improve their profitability. This attitude has been widely adopted by organisations across the Asia Pacific, and reflects a change in attitude that is allowing them to make significant strides towards reducing the gap with Europe and America.


Once considered to be well behind Europe and America, the willingness to adopt new technologies and focus on cash flow maintenance may soon see Asia Pacific lead the way in working capital management.


This paper explores how differing attitudes between the two geographic regions could lead to their different fortunes, and what needs to change in Europe and America, if they are not to be left behind.


 

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