Whether you are an Early stage business or a Growth stage business, the evolution in the role of Finance has changed the expectations from the function. While in its traditional form, Finance function was predominantly the custodian of finance transaction processing, accounting, capital structuring & financial reporting, the new age Finance function also needs to be primary driver of Regulatory compliance, Risk Management & Decision support in the organization.
This mandates that the finance leadership in an organization places sufficient focus on improving the Process efficiency & effectiveness through leveraging the right technologies and operating model, look for opportunities to reduce costs in the organization and strengthen the decision support for the organization.
We can undertake an independent review of the processes, operating model, technology landscape and costs in your organization and recommend initiatives that help you transform the way your Finance function works & identify opportunities to optimize costs.
How can finance function add more value to business by improving free cash flow and lowering costs?
How can cost of function be optimized and be made more flexible with demands of business?
How can the finance processes have better control driven by policies & system so that the chances of unintentional errors & frauds are minimized?
How can finance processes have faster turn around and predicable quality in output to serve internal and external stakeholders better?
How can finance function be made more scalable without linear increase in function manpower & overhead costs when the business grows?