The only thing more valuable than a dollar in the today’s business age is a minute.
This is why no manager can afford to loose precious time worrying about project management strategy or trying to implement a system, they have designed from scratch. The right project management software can bring accountability and predictability to the table.
Consultants, international employees, liaisons reporting to share holders, and a staff of dedicated CPA’s and cost accountants all play a role in how a finance operation is run. They all look to you, their manager, for structure. They are all on the clock and it’s your job to squeeze the maximum efficiency, out of every keystroke they take.
Project management software can help a busy finance manager to make the most out of the efforts of their staff and paid consultants. The biggest component of financial analysis and cost accounting is the ability to share numbers and analysis in real time.
The last thing a manager needs is to waste the time of their staff by searching through countless spreadsheets and annual reports, in order to review numbers and make assessments based on shoddy record keeping. Project management software helps eliminate the questionable integrity of data by creating a catalog of information so that quarterly sales reports, losses and fund allocations are all readily available.
Being able to update data in real time and view models and projections, means that your accounting and finance team is prepared to offer updates to one another and to field questions from upper management on budget projections and stock inquiries, with accurate and educated answers at the drop of a dime.
The bottom line of any business is simply, the bottom line on the health of its finances. There is no guessing when it comes to the final numbers. Project management software gives a finance team the edge in knowing where the money is flowing in real time, where they project it to flow in the quarter to come.