Journey Mapping: The CFO’s Secret Weapon for Cost Control
Most finance leaders don’t think of customer journey mapping as a budgeting tool. But they should.
Done right, journey mapping reveals where waste, duplication, and frustration hide. It shows where systems don’t talk, where processes break down, and where customers create unnecessary cost just by trying to get what they need.
Where Waste Hides
A well-facilitated journey map will highlight:
- Unnecessary handoffs between departments
- Repeat contacts caused by unclear comms
- Manual interventions where automation should exist
- Workarounds created by staff to fix broken systems
Linking Experience to Expense
Each of these pain points has a financial cost:
- Additional staffing requirements
- Reduced productivity
- Lower customer lifetime value due to churn
- Reputational cost from negative feedback
From Design Exercise to Strategic Tool
Journey maps shouldn’t sit in a design team’s drawer. They should sit in the boardroom, informing budget priorities and transformation programmes.
Conclusion: If you’re looking to cut cost without cutting service, start with customer journeys. That’s where inefficiency hides—and where smarter investment begins.