The finance department and front-line employees are the backbone of the company. Without these two departments, a company could not keep their momentum going and business booming. However, even knowing the importance of these departments, it seems they are also two of the most forgotten sectors. So, how can management learn to better utilize these key employees to drive greater success across the company? Well, that doesn't make cents! There is a lot more to finance than just crunching numbers.
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Since today is Halloween, we thought we’d publish some of the statistics and trends surrounding how consumers are paying their bills and what these bills are – because as we gathered all the facts we realized that some of them are a bit scary. From the overwhelming shift in payment methods and increase use of digital wallets to the shear amount of bills paid over the last year, we’ve got some consumer bill payment numbers that are sure to shock. Just the Halloween spending stats
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Upon transitioning from the public accounting field into private, internal accounting with CBE I found I was able to capitalize on my passion for improving processes and controls. During my time as the Director of Finance & Controller, I focused on rebuilding and restructuring our Finance team to ensure we had the right person, in the right seat, doing the role they felt passionate about. By finding the “sweet spot” for everyone on my team, we were able to improve financial processes
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When I sat down to write my blog this month, I had a totally different topic in mind. Then all of a sudden on Friday afternoon I found myself inspired by a conversation with an individual who stopped by my office. We started chatting about a few outstanding projects, and then they made the statement they didn’t know how my team could do their jobs every day because “all of that debit credit stuff is boring!” We laughed and I shared with them – in my past – whenever I
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Financial Reporting – what a boring topic for most people. However, without accurate, timely financial reporting and projecting – what relevant, proactive decision can be made? Over the last 2 years the CBE Finance team has been dedicated to improving reporting and accuracy to become business partners and aid in decision making. We have cut 25 days out of the old school, typical close process where now actual results are published within 5 business days by company, locations, individual
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