Your finance department should be adding value to your business

Your finance department should function effectively as an value added service and not a cost centre. Many companies traditionally assume they are a back office necessity of doing business, the traditional view. Recognising that all functions of the business flow through the finance area in some way or another puts them in prime position to provide an added value service to the business……..it just needs buy-in from the directors and delivery from finance.

Traditional View		Value Added View
	Transactional		Strategic planning
	Sales		Forecasting – P&L, Balance Sheet, Cash Flow
	Purchases		Facilitator of change
	Payroll		Business partner
	Taxes		Risk analysis
	Management accounts		Funding
	Statutory / Audit		Control function
	Historic view v Budget		KPI business monitoring

To transition your accounts function contact MW Interim Finance for further details.