Finance is conscientious about every dime that’s spent, but can you say the same for other departments?
When it comes to company spending, many finance chiefs are satisfied with their own departments’ accountability. But when it comes to the responsibility of departments like Marketing and HR, they’re not as confident.
Progressive Business Publications recently polled 127 CFOs and asked, “How would you characterize other departments’ accountability for their spending?”
Check out the graph below, and see how your company matches up with other firms.
If your faith in other departments’ accountability is way below average, you may want to huddle together with managers to make sure everyone is on the same page in terms of company spending.
