Simplicient Financial Controlling – 1 – Laying the Ground

Let us face it – finance is not easy. Whoever tells you that the commercial financial management is a steady progression job, where one gets well trained and well paid over a reasonable number of career years, is trying to lure you into something. The finance specialism requires almost a decade of training (if you count a faculty/college degree plus professional qualifications plus specializations). Plus an in-commensurable amount of overtime hours and periodical work pressures (quarterly P&L targets or year-end closings speak for themselves).
Yet, it remains a wonder to me how over-complicated most finance processes are. Take any routine activity – you would expect 90% of them to be stable and running smoothly. Yet, the more you dive, the more details and complications hide behind. Obviously, this pushes the amount of work further up. And with the increasing pressure resulting from new (or amended) regulations, from ever-shifting processes (shared services or not) and from the ever-green chase for a lower cost base, finance is becoming more complicated every day.
Yet, it should not be the case. There are shortcuts. There are tips and tricks in controlling. These shortcuts come from the most unexpected place. They do not involve compromises on the decision-making quality. And long story short, I would like to share some of them here, so that this knowledge does not get completely lost.
So stay tuned and visit doitinvest.com from time to time for more simplicient controlling tips and tricks.

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