EPISODE · Nov 30, 2020 · 18 MIN
Investigate - Translate - Transform: The Role of Operational Finance
from Create The Next From ProCFO Partners · host ProCFO Partners
Operational Finance requires the unique skill of investigating how different functions inside a business are impacting other functions and overall company health. It's translating financial metrics into operational key performance indicators (KPI's), as well as transforming financial KPIs into operational process improvements. All of this allows the realization of either financial opportunities or the mitigation of financial risk through operational action. This unique skillset allows the CEO and other business leaders to stay focused on vision and growth, knowing the navigation of financial indicators is taken care of by the financial expert - the CFO. Join Jeff Wheatley of ProCFO Partners as he shares the crucial impact of operational finance, what many companies are getting wrong, and why actionable insight is needed in financial operations.Create The Next is delivered to you from ProCFO Partners. Every week, we explore strategies and ideas for financial management and growth to help today’s businesses put their financial picture in context. ProCFO Partners are expert financial officers networked across industries, verticals, specializations and situations. Fulfilling the role of a part-time CFO with all-time commitment, ProCFO Partners utilizes the innovative and exclusive FGC Financial Flywheel as a framework that creates momentum to drive your financial functions for sustainable success. Visit procfopartners.com to explore how we can implement a systematic and scalable financial system to help you achieve your goal.
What this episode covers
Operational Finance requires the unique skill of investigating how different functions inside a business are impacting other functions and overall company health. It's translating financial metrics into operational key performance indicators (KPI's), as well as transforming financial KPIs into operational process improvements. All of this allows the realization of either financial opportunities or the mitigation of financial risk through operational action. This unique skillset allows the CEO...
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Investigate - Translate - Transform: The Role of Operational Finance
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