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Articles

AFP Jargon Watch: SMRC

  • By Bryan Lapidus, FP&A
  • Published: 7/23/2018
Here is the latest installment of #AFPJargonWatch:

What it is: Saving Money Regardless of Cost

What it means: Cutting expenses to save money in the short term, that inadvertently leads to higher costs in the long term. 

TrendSpotting: Return on Security Investment -- 15 Things to Consider by Ed Gelbstein, Ph.D. "It is worth remembering: Saving money regardless of cost (SMRC) is not always a winning strategy. Software developers learned (or should have) a long time ago that the cost of getting it right the first time is much smaller than that of correcting a bug later in the development process."

Connect with Bryan Lapidus, FP&A, via emailLinkedIn or Twitter.


 
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