Bringing finance closer to the rest of the business is an enticing prospect. But enabling accountants to serve as advocates for other departments is much more than just a relocation task.
This latest NetSuite guide helps finance leaders in a growing business discuss business partnering: the whys and the hows.
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Published: Apr 03, 2019
Managing your company’s financials is the backbone of your business and is vital to the long-term health and viability of your company. Yet attention to your bottom line often takes a back seat during times of increasing revenues and growth. To continue applying the necessary financial rigor to support rapid growth,...
Published: Apr 03, 2019
Businesses are busy growing right now, and they’re more optimistic than they’ve been in the past 35 years, according to the National Federation of Independent Business (NFIB). Job creation, expansion plans and increased compensation all hit record high levels in October 2018.
If your company isn’t...
Published: Apr 03, 2019
The modern CFO needs to keep up with change—also known as becoming a “strategic business partner”—while still delivering on core accountabilities. But sometimes, it’s tough to focus on becoming a strategic business partner while still doing all this other stuff.
CFOs can cope by creating...
Published: Apr 03, 2019
Planning and budgeting are vital to smart, fact-based business decision-making, but many finance teams are mired in timeconsuming, inefficient processes, using basic tools that deliver questionable results.
For midmarket organizations experiencing or aiming for high growth, inadequate planning and budgeting processes...
Published: Apr 03, 2019
Fintech startups have led a wave of innovation in the financial sector in recent years. New companies, built on modern technologies, have quickly captured market share from older, more established businesses.
As investment in fintech startups continues to rise, competition is also increasing as companies expand into...
Published: May 31, 2019
Managing absence and leave has never been more daunting for employers. At the federal level in the United States, for example, the Family and Medical Leave Act (FMLA) continues to evolve and expand, more than 20 years after its inception, and state legislatures are passing new employee leave laws at a historic rate. These...
Published: Feb 09, 2016
What kind of information does an organization’s employees need in order to perform their jobs to the best of their ability? Generally speaking, executives and managers are looking to gather strategic information, analyze it, temper it with their own knowledge, and then make what are often wide-reaching decisions....
Published: Apr 23, 2019
Imagine a company in which Sales and Finance agree on everything. A company in which Sales never mumbles under their breath about the penny pinchers in Finance, and Finance never wants to tell Sales where to shove it when they request yet another SPIF...
The solution to finally bridging the infamous divide between...
Published: Oct 29, 2015
In some kinds of more traditional businesses the finance department tends to swallow as much data as is thrown at it but only outputs small, measured and curated amounts of insights periodically: “Here’s revenue vs target in the last quarter”.
These are undoubtedly essential for proper business management,...
Published: Aug 30, 2018
With the threat to businesses constantly developing and changing, it’s never been more important to be vigilant when it comes to security. An attack on your business can not only mean a loss in productivity, but it may lead to a loss of brand credibility and, in future, fines that could total up to tens of thousands...
Published: Sep 01, 2015
Effective workforce management starts with in an accurate, efficient and user-friendly method for capturing work hours, pay rates and absences. Those critical details inform you of whether you are overstaffing particular roles, shifts or locations (or the opposite), provide a true gauge of worker performance through productivity...
Published: Feb 09, 2016
The way we work is changing – but not fast enough. In the current challenging climate, most companies and public sector organisations are looking closely at what they do and how they do it.
Now is the time to take steps not only to deal with the impacts of the recent recession, but also to...
Published: Sep 07, 2016
The challenge for businesses is to devise communication policies that will control the escalating cost of doing business abroad, while providing employees with access to essential tools and data that encourage communication and productivity in foreign jurisdictions.
Published: Sep 01, 2015