GENERATE PROFITS = FINANCE DEPARTMENT
CREATING VALUE FROM THE FINANCE DEPARTMENT
(HOW TO GENERATE BENEFITS: The Finance or Treasurer)
When a CFO or treasurer, takes charge of his department, perhaps faces the tedious task of being a tool used by the company, feeling that place it as collateral effects of the business, and even still some paperwork necessary and required, parallel to the main activity of the business.
Our proposal is that this may change radically, if conceptualize our department as a profit generating center, and power and increases business opportunities.
We propose to transform pointer at the scene, a necessary and important actor.
Because ....... What is more important, "make money or make money "........ HAVE !....................
Financiers already know that making money is not necessarily equal to having money in the company.
And when we have, have not indicated much (money idle), but taking the minimum (JIT), have external financial credibility, to have additional debt capacity.
CHECK-LIST OF CONCEPTS NEEDED TO INITIATE THE TRANSFORMATION:
Optimizing the financial picture perceived by others
Objectify, managing and achieving reductions in financial costs
Objectify and achieve reductions in administrative costs
Establish a real oversight over financial institutions
Encourage continuing education of staff
It can function as a team, department
Determine the internal client, and protocol for dealing
Enhancing tenure and knowledge of related software and especially financial simulators.
- Innovation, a magic tool