When I cast my mind back 25 plus years to when I was working in industry as a Financial Controller, I remember the pain caused by the expenses process. When I speak with organisations today, despite all the technological advances, for many nothing seems to have changed. The expenses process is as time-consuming, manually intensive, and prone to error as it ever was.
Continue reading “The expenses process can be a pain – to everyone!”
In our third article of this series, we look at the risk around software and vendor selection. What risk needs managing when buying an external SaaS product into your finance team?
Generation CFO’s recent research into the impact of coronavirus on business in the UK, found that “implementing cost control” was the second-highest priority for CFOs. 75% of respondents stated that cost control was “critical” or “very important” to their immediate goals and actions.
Continue reading “Unhappy partner – the project risk controllers must fix”
In our first article of this series, we discovered the emerging role of the hybrid controller, a digital enabler and value creator to the business.
In this article, we explore the fine line between controlling and empowering your business. Enabling the business to operate within agreed ways of working, without restricting business activities.
Continue reading “When control meets the business – the pitfalls of empowering the business without control”