Your finance department should be adding value to your business

adding-value

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 ViewValue Added View
TransactionalStrategic planning
SalesForecasting – P&L, Balance Sheet, Cash Flow
PurchasesFacilitator of change
PayrollBusiness partner
TaxesRisk analysis
Management accountsFunding
Statutory / Audit Control function
Historic view v Budget KPI business monitoring

Contact MW Interim Finance to see how we can assist your business.