Corporate Financial Management and the Impacts on Performance
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WHAT IS IT ABOUT?
This questionnaire discusses the impacts of accounting, management accounts payable/receivable, reconciliation, timeliness, budgeting, and collections on corporate financial performance. It provides insight into how improving processes within these departments can have a positive effect on the overall success of a business.
- Finance Director who requires optimization to reduce costs and improve internal processes
- Accounting Manager who needs to assess areas for improvement in financial decision-making
- Accounts Payable/Receivable Manager looking for ways to streamline and optimize processes
- Head of Treasury wanting to implement best practices across reconciliations, timeliness and budget planning
- Collections Manager seeking strategies to increase cash flows
Accounting
Understanding key policies and processes
Management of AP AR
Enhancing operations efficiency
Reconciliation Timeliness
Assessing internal effectiveness
Budgeting Collections
Improving cash flows budgeting
Understanding key policies and processes
Management of AP AR
Enhancing operations efficiency
Reconciliation Timeliness
Assessing internal effectiveness
Budgeting Collections
Improving cash flows budgeting
As you can see, you're not asking your respondents for opinions, satisfaction or agreement. Our scientific research has shown that these are very bad fuel for algorithms. Instead, we ask for verifiable facts or -behaviour. For further reading, you can download our AMAIZE magazine dedicated to this topic or discover the scientific papers in the Resources section.
After you have downloaded this questionnaire, you can - in your Toolbox - edit, add/delete, and translate questions & answers to your liking. Clicking the "Help me PRAIORITIZE" buttons in the Toolbox activates our A.I. to help you finish your masterpiece..
Q. What have you done regarding policies and procedures?
Q. What have you implemented to automate AP/AR processes?
After you have downloaded this questionnaire, you can - in your Toolbox - edit, add/delete, and translate questions & answers to your liking. Clicking the "Help me PRAIORITIZE" buttons in the Toolbox activates our A.I. to help you finish your masterpiece..
Q. What have you done regarding policies and procedures?
- We have not done anything.
- We have a limited number of policies and procedures.
- We have comprehensive and well-defined policies and procedures.
Q. What have you implemented to automate AP/AR processes?
- We have basic record keeping systems in place.
- We have partially automated records and track transactions regularly.
- We have a fully automated system with integrated analytics and precision optimization.
The artificial intelligence creating the questionnaires for the store has been inspired by over 11.000 whitepapers from more than 100 noted consultancy firms. Algorithms selected the 20% best papers and grouped papers from different consultancy firms into specific questionnaires. Why settle for less? Here is a summary how we did it.
If you feel you need outside support after conducting your assessment, we recommend the firms that have written the below mentioned whitepapers. Not having a paper selected does NOT mean that a firm does not give good advice.
If you feel you need outside support after conducting your assessment, we recommend the firms that have written the below mentioned whitepapers. Not having a paper selected does NOT mean that a firm does not give good advice.
| NAME | TITLE PAPER |
|---|---|
| lek | LEK_1619_ImportThreats_Web.pdf |
| healthadvances | health-advances-beware-the-seductions-of-m-a.pdf |
| cognizant | Rethinking-Enterprise-Mobility-Strategies.pdf |
| novantas | NR-Branch-Consolidation-2016_10_21-1.pdf |
| pwc | pwc-consumer-digital-banking-survey-2019.pdf |
| capgemini | VMware-Big-Bet_Innovate-iPDF_2020-10-01_V04.pdf |
| mckinsey | 2019-business-of-running-state-government-operations-survey-insights-on-risk-management.pdf |
| fticonsulting | evaluating-risk-colorados-health-system-state-government-option.pdf |
You will download so much more than a set of questions and answers. This questionnaire contains everything for the full consultancy experience:
- Respondent profiles for a helicopter view of your audience.
- A maturity model with which algorithms calculate a six times smarter improvement target (compared to when you leave that to a human).
- Improvement suggestions (per question) how to move from one answer to another
- Suggested follow-on projects. After all, moving your organization from A to B might require more than just doing an assessment.
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