Getting The Best From Finance Professionals
At the heart of any successful business is an effective finance team.They act like the fuel management system of a high-performance car – maximising its power and maintaining efficiency.
And as we’ve moved into a digital world, our finance teams are taking on an increasingly important role. Cloud-based tools have given them powerful new ways to effectively manage and monitor company expenses.
It has moved the focus away from manual ‘number crunching’ tasks and towards a more flexible and proactive role for our finance teams – calculating risk; predicting and interpreting data.
While many organisations have successfully adapted to these changes, there are many UK companies whose attitude towards finance professionals remains stuck in the past.
It’s an issue worth exploring because the business consequences can be serious:
- Low staff moral
- Competitive disadvantage
- Poor staff recruitment/retention
This guide will, therefore, take a closer look at how outmoded attitudes are associated with ineffective and unhappy finance teams and how this can be challenged.