If you’re a CFO or senior leader in finance, you’re likely spending a lot of time these days figuring out how to make the most of the human and technology resources you have available. You’re not alone. Purse strings have tightened, and CEOs and owners in many industries have asked leaders for strategies to boost profitability without spending more.

Challenges around labor are a top concern. Companies of all sizes worry about availability of and competition for talent. But they also face challenges around current team member satisfaction and retention. The cost of recruiting, onboarding and training new team members is rising — and companies are spending more for people with less experience and expertise. Expectations for a stronger work-life balance, especially among younger workers, has sparked conversation around “quiet quitting.”