Innovation and Finance Part 2 – Another Brick in the Wall

We don't need no innovation?

This is my second article looking at the relationship of Finance with innovation. Last time I shared a few thoughts on how Finance can support strategic business innovation, which benefits customers and provides competitive advantage. This time I want to turn my attention to innovation within Finance, affecting what we do on a day to…

Continue Reading →

Assessing Finance Effectiveness

Is your Finance function effective?

There are many different ways of looking at the performance of a Finance function. As with any question of performance, before you can tell how well you’re doing, you have to know “what good looks like”. How can we tell if we’re doing a good job if we don’t know what the definition of “good”…

Continue Reading →

Does Finance Need to Take More Risks?

Do we want risk takers in Finance? Does that conjure up positive or negative images in your mind? I sent some thoughts on this out in the Supercharges Finance newsletter recently (if you haven’t yet signed up for that, click here and join the other Finance superchargers!). I don’t normally put the same content on…

Continue Reading →

What’s Best for Getting Process Efficiency in Finance?

robotic process automation

Here’s Something New You Should Be Considering I am trying to start this article in a way that won’t put people off reading before I even start. And that means going against the SEO principles I’ve been taught, and not mentioning my keyword straight out. You see, I think that the very terminology being used…

Continue Reading →

Accounts Payable Automation – Benefits and Pitfalls

Beware the pitfalls of AP Automation

Where you work, have you automated Accounts Payable? I’d love to hear. Please tell me your experience in the comments below. Accounts Payable (AP), in case you were unsure, is the process by which the business pays the companies which supply it with goods and services. The suppliers send in invoices which must be paid…

Continue Reading →