The best person to put together a policy manual
You’re looking to put Finance policies and procedures in writing, but chances are few of your staffers are going to jump to volunteer. Everybody already has enough on their plates, right?
No need to tap anyone — here’s the right person for the job.
Think about bringing in an MBA student to take on the task. The student can simply follow your staffers around, recording what they’re doing for each responsibility, whether it’s a check run or a credit check.
One rule: The student is allowed to ask questions along the way. That way, the individual gets a great learning experience, and you get your policies recorded by a totally objective observer.
Who knows? Your “scribe” just might ask a question that will lead you to make an existing process more efficient or effective.
Free Training & Resources
White Papers
Provided by UJET
White Papers
Provided by Personify Health
Further Reading
The list of fraudulent brokerages, securities firms and even financial regulators just keeps getting longer. Hundreds, potentially thousand...
No matter how hard you try, sometimes you and your finance team fail. We make mistakes. We miss deadlines. We fall short. In fact, a...
We know finance professionals love rules. But sometimes, in a workplace fraught with old-school ways that just don’t work anymore, yo...
Believe it or not, more than 80% of workers like their employers’ Paid Time Off (PTO) packages. But that doesn’t stop a surpris...
With a new year comes new state laws with compliance challenges that could disrupt business as usual. In addition to the minimum wage hi...
When you break down your labor costs, it’s probably employee base pay that eats up the most money. Yet it’s an expense you can&...