Self Assessment - do you have an underperforming finance team?

If you observe the presence of the following factors, it is indicative of a suboptimal finance team

  • Delayed Financial Reporting > 5 working days

  • Constant cash flow issue

  • Lack of Budgeting and Forecasting

  • Use Excel for consolidation

  • Qualified financial reports (audited)

  • Low gross/net profit margins

  • No customer profitability analysis

  • No product profitability analysis

  • Unable to perform post-merger separation / integration

  • High Turnover in the Finance Department/Team

  • Non-Compliance with Regulatory Requirements

  • Lack of Strategic Financial Planning: