Jump on every technology that promises to improve accounting processes and you won’t have anything left in the budget to keep track of. But for some tech features finance execs should definitely jump on, few have.
The thought of tagging your company’s financial statements may seem remote if you’re a private company. It may not be so far off after all.
When it came to attracting top talent for Finance departments, “Show me the money!” used to be the go-to catchphrase.
A law like Sarbanes-Oxley may not come along every year (thank goodness), but that doesn’t mean companies don’t have increasing demands when it comes to compliance.
They’re probably not shaking anyone down for milk money, but office bullies are just as damaging as the ones on the playground. And they’re costing companies … a lot.
A reduction-in-force might increase cash flow, but is your company prepared for the employee exodus that’ll follow?
You can claim “asthma and diabetes cost the workplace such and such per year,” but how much do health problems add up to for your company?
There’s one positive to closing the company’s books: Finance won’t have to worry about the task for another year. But starting the process early — as in, right now …
Workers’ comp costs can take a bite out of even the most safety-conscious companies’ bottom lines. Yes, have people wear their goggles and keep power cords off the floor. But you also might want to take a look at your job coding.