Is Your FC Or CFO Just A Number Cruncher Or Bookkeeper For Compliance Requirement?
If so, he is unlikely to partner you Business Owners to further your business.
He is likely to be adding to your Cost and Not to your Profits.
If so, there is no reason he exists in your organization just to draw a salary.
How can your FC or CFO contribute to using processed numbers to partner you Business Owners to help drive your business?
We call this Value-Based Business Steering or VBBS in short.
It’s all in his or her mindset.
A FC or CFO is like a telephone exchange in your company. All “calls” or company’s information would pass through this person somehow – eg Revenue number, Procurement number, Investment number, Recruitment number, Cash Balances, Debt situation, even future numbers in the form Forecasts etc
If your FC or CFO just stops at crunching the numbers, and never digests them nor benchmark these numbers against your competitors or interpret the real meaning to you, you as Business Owners will not be able to make the right or calculated decisions.
I have seen many FCs or CFOs just fail to realize the importance of their unique and peculiar role in the organization.
If you need help, feel free to contact us at :
(O) +65 63851011
(M) +65 90880669
www.corporatebackoffice.com.sg
