- 10 Unique Ideas for Onboarding New Employees
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- Onboarding is a critical time for new employees. Not only does it set the tone and stage for their time with your company, but it can also have long-reaching effects on employee performance and morale. Here are some fun ways you can spice up your employee onboarding program to ensure new employees feel connected and welcomed right off the bat.
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Take Assessment Watch Video- How Technology has Affected Financial Reporting
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- In the last decade, the corporate world has witnessed many changes and technology has permeated every aspect of business, including financial and managerial reporting. Below are three areas where the impact on reporting has been the most significant. If your company isn’t realizing the benefits from these changes, it’s missing a golden opportunity.
- Do What You Do Best, and Outsource the Rest
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- Business process outsourcing – You are doing it already. Don’t be intimidated when you hear the term BPO, or business process outsourcing, bantered about. You are doing it already. If you have an accountant do your taxes, an attorney help with documents or an advisor for your benefits plan, you are already using BPO services.
Governance & Controls – structure and controls.
Transaction Recording – systems, transaction processing and closing the books.
Reporting - efficient, timely and accurate information for decision making and meeting compliance requirements.
Accounting
Business Planning - provide the financial roadmap for the company with supporting analytics.
Financial Forecasting - integrate the company’s current performance relative to budget with the real-time business environment.
Investment Analysis - the framework to analyze new opportunities as they present themselves.
Finance
Cash Management - the discipline to ensure cash is available to operate the business normally.
Funding - Planning for and raising funds to meet the needs of the business.
Risk Management – Identification and mitigation of key business risks.
Treasury
Self-Awareness - Internal.
Team Building - External.
Strategy & Culture – Motivate people to follow you.
Leadership
Four Pillars of Executive Expertise
CFO.University is built around the Four Pillars of CFO Success. These Pillars are supported with Core Competencies. Our framework allows you to master your role as a senior financial officer. The Four Pillars are made up of:
Accounting – Governance & Controls, Transaction Recording and Reporting
Finance – Business Planning, Financial Forecasting and Investment Analysis
Treasury – Cash Management, Funding (Capital Raising) and Risk Management
Leadership – Self Awareness, Team Building and Strategy & Culture
