Supporting the business objectives requires knowing what is being supported, including the financial processes that touch treasury at some point. To be optimized, every financial process must be examined, analysed and redesigned in the context of the overall process where they reside. Put simply, to facilitate and improve processes, the treasurer and his or her team need to think process.
In this podcast, Pushpendra Mehta and Craig Jeffery, Managing Partner of Strategic Treasurer discuss the idea that inefficiency and inaccuracy are the natural outcome of manual processes. Tools, including systems, software, techniques, models and methods, are consequential for an effective process-based management.
Read the article: Leading practices part 11: Process mindset
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