Social and new

  2020 was in many ways an unusual year for everyone. The office of the CFO felt this with full force as it was thrust into the center of decision-making in most companies. When times are bad business leaders look to Finance to help get them safely through the troubled waters. This has led to high pressures on the finance function and long hours for extended periods. It has also led to a lot of opportunities to showcase how Finance can impact the value creation in the company.  Drive Functional Improvement For Efficient Performance To bring the 2021 plan of safeguarding the cash flow, CFOs and finance leaders are working towards improving the operational efficiency of the finance function. This includes areas that have been impacted due to remote working in the new normal, like employee productivity, staff engagement, and retention. Besides these areas, they are also looking for ways to optimize the  finance organization structure  (which includes improving the struc...

Finance, also known as financial economics, is the study and discipline of money, currency and capital assets. It is related with, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services. finance, the process of raising funds or capital for any kind of expenditure. Consumers, business firms, and governments often do not have the funds available to make expenditures, pay their debts, or complete other transactions and must borrow or sell equity to obtain the money they need to conduct their operations. Savers and investors, on the other hand, accumulate funds which could earn interest or dividends if put to productive use. These savings may accumulate in the form of savings deposits, savings and loan shares, or pension and insurance claims; when loaned out at interest or invested in equity shares, they provide a source of investment funds. Finance is the process of channeling these funds in the form of credit, loans...