Winning Back-Office Strategies to Boost Your Business Agility
VIEWpoint Issue 1 | 2023
2023 Compliance Trends: Staying Ahead in an Evolving Regulatory E...
In a 2019 benchmark research report by Ventana Research, 35% of participants encountered errors in data and 19% found errors in formulas located in job-critical spreadsheets. As a finance leader, you can’t afford inaccuracies. Senior leadership looks to you for analysis and guidance. In addition to being a trustworthy source of financial information, the team, technology and processes should align to play a strategic role in the direction of the company.
Here are five strategies you can use to refocus the finance team and become a strategic partner.
Technology plays a valuable role in finance and is a worthwhile investment. However, if finance executives and leadership teams want to see real ROI, they must address their people, processes and data – three common factors that prevent businesses from achieving their transformation goals and securing long-lasting change.
If you want to transform the role of finance, read the whitepaper “5 Ingredients for Finance Transformation” to learn more about each of these five tactics. For further information, contact the outsourced accounting CPAs at Doeren Mayhew today.
This publication is distributed for informational purposes only, with the understanding that Doeren Mayhew is not rendering legal, accounting, or other professional opinions on specific facts for matters, and, accordingly, assumes no liability whatsoever in connection with its use. Should the reader have any questions regarding any of the news articles, it is recommended that a Doeren Mayhew representative be contacted.
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