Oversight's impact on finance teams: from manual to automated audits.

🔹 Processes: Make or Break Your Finance Function 🔹 In Finance Target Operating Models, processes are often the silent factor that decides whether finance simply “keeps the lights on” or actively drives business value. Here are a few facts worth noting: 🕒 On average, employees spend 20–30% of their time just searching for information in broken processes. 📊 Standardizing processes can reduce operational costs by up to 30%. 🔄 Around 80% of process issues are not caused by technology—but by unclear responsibilities, poor handovers, and a lack of process transparency. 🚀 A well-designed process can accelerate decision-making by 2–3x, simply by removing bottlenecks. 🔍 Most companies realize their processes are broken only when something goes wrong—like a late close, compliance issue, or failed audit. Strong processes don’t just support the business—they define its capacity to scale and grow. #FinanceTransformation #TargetOperatingModel #ProcessExcellence #FinanceLeadership #BusinessImpact

Compliance and Reporting: FP&A ensures that a business complies with financial regulations and reporting requirements. This is essential for maintaining transparency and trust with stakeholders. #corporatefinance #mergersandacquisitions https://shorturl.at/WpbyK

Compliance and Reporting: FP&A ensures that a business complies with financial regulations and reporting requirements. This is essential for maintaining transparency and trust with stakeholders. #corporatefinance #mergersandacquisitions https://shorturl.at/WpbyK

Accountability in finance isn’t about adding more layers of approval. It’s about creating clarity. When roles are clearly owned, checkpoints are visible, and data is transparent, teams can align naturally, make faster decisions, and deliver results with confidence. Discover practical ways to embed accountability into your finance processes and empower your team to act with clarity. Read more: https://lnkd.in/e8j8c6wV #FinancialProcesses #Accountability #FPandA #Minervapartners

Post#7 Series ##When Finance integration is underplanned or poorly executed, the impact is immediate and systemic: • Delayed closes → erosion of stakeholder confidence • Fragmented ledgers & CoAs → impaired transparency and control • TSA overruns → unplanned costs and dependency risks • Weak governance → heightened audit and regulatory exposure • Disconnected processes → slow, unreliable decision support These risks don’t just slow Finance, they compromise the deal thesis. 💡 The role of a consultant is to de-risk integration through structured operating model design, harmonized data and controls, and disciplined execution governance. 👉 For CFOs, the message is clear: Finance integration is not back-office hygiene. It is value protection at scale. #FinanceIntegration #CFO #FinanceLeadership #MergersAndAcquisitions #OperatingModel

*The Role of Accountants in Driving Business Sustainability* In today’s dynamic business environment, the role of accountants extends far beyond compliance and record-keeping. We serve as custodians of financial integrity, ensuring transparency, accountability, and the strategic use of resources. Accurate financial reporting not only builds trust among stakeholders but also supports informed decision-making at every level of an organization. Beyond numbers, accountants provide critical insights that help businesses identify risks, optimize operations, and position themselves for sustainable growth. As regulatory frameworks evolve and markets become increasingly complex, our profession must continue to embrace technology, strengthen ethical standards, and enhance strategic advisory capabilities. The future of accounting is not merely about reporting the past—it is about shaping the future of businesses with clarity and precision. #Accounting #Finance #BusinessStrategy #Governance #Sustainability

As businesses and decisions become more complex, the demand for finance business partnering support and data is increasing. Learn how FP&A can make reports more actionable for finance business partners: https://gtnr.it/3IcFlbd #GartnerFinance #Finance #FinanceStrategy

Accounting and auditing are often seen as technical processes — numbers, reports, and compliance. But in reality, they are the language of trust in business. Accounting transforms data into insights that guide decisions. Auditing ensures those insights can be relied upon. Together, they create transparency, protect stakeholders, and drive sustainable growth. In today’s fast-changing world, the role of accountants and auditors is more critical than ever: Ensuring financial integrity in uncertain markets Supporting organizations in adopting new standards like IFRS updates Leveraging technology and data analytics to provide deeper assurance At the heart of it, good accounting and auditing don’t just measure value — they help create it. #Accounting #Audit #Finance #Trust #BusinessGrowth

Everyone talks about being “strategic” in finance, but what does that truly entail? It's not just a buzzword; it's a mindset cultivated through deliberate actions: · Grasp Accounting Fundamentals: Even without an accounting background, understanding the logic behind financial processes is crucial. · Dive into All Financial Statements: Beyond the income statement, comprehend the balance sheet and cash flow statement to get a holistic financial view. · Prioritize Cash Flow: Profitability doesn't equate to liquidity. Ensuring positive cash flow is vital for sustainability and growth. · Enhance Communication Skills: Engage effectively with teams across functions to align financial strategies with business objectives. · Understand the Business Landscape: Familiarize yourself with industry trends, market dynamics, customer behaviors, and supply chain intricacies. · Build External Relationships: Cultivate connections with banks, auditors, consultants, and legal advisors - they are key stakeholders in financial decision-making. · Leverage Financial Reports Strategically: Use them not just for compliance but to analyze trends, forecast future scenarios, and inform strategic decisions. By integrating these elements, you transition from a transactional role to a strategic partner, driving value and growth. 💬 I would love to hear your thoughts! #FinanceLeadership #StrategicThinking #CashFlowMatters #BusinessAcumen #FinancialStrategy #ProfessionalGrowth #CIMA #CGMA #Strategies