IN BUSINESS
Indian Chief Executive Officers
64
Plan Increase Spend in 2019
Senior finance executives persist in being optimistic about the
economy, the outlook for their companies and their investments
for the future, according to the 2019 Global Business & Spending
Outlook, a survey released by American Express and Institutional
Investor Thought Leadership Studio.
This optimism can be seen in their spending
outlook with 83 percent Chief Financial
Officers (CFOs) looking at a moderate
to aggressive increase in spending and
investment this year to support topline
growth. A third (33 percent) of the CFOs
surveyed expect their company’s spending
and investment worldwide to change by 10
percent or more this year. working-capital management will be more
important this year as compared to last.
Nine out of ten (90 percent) of Indian CFOs
be in the opinion that improving cash and The focus on efficiently managing bottom-
line spending is evident in the increase from
WWW.WISHESH.NET | AUGUST 2019
According to the survey, 67 percent Indian
CFOs expect improved use of credit to
yield a significant financial benefit, while
57 percent of Indian CFOs are likely to
increase their investments in improving
administrative process efficiency this year.