Number crunching is accounting 101. Strategic management and corporate finance elevate strategic finance to an actual growth function.
But that’s a big mindshift. Often we think of accounting as a very tactical business function. Send and collect invoices. Enter and pay bills. A bit of treasury management, some inventory control, closing the books and financial statements.
But that’s not enough.
It’s time to turn it from an administrative function (all of that is necessary of course) into a strategic business function that helps chart the growth strategy.
Strategic finance is what @JamesMooreAndCo ‘s partner Mike Sibley practices with industrial manufacturers, and what we chat about in this clip.
Learn how Mike sees strategic finance as a critical business function.
#Accounting #StrategicFinance #StrategicFinancialManagement #financialreporting #FinancialDashboards #ManufacturingAccounting
#strategicmanagementandcorporatefinance #NumberCrunching