Financial Polices That Need to Be Reviewed During Financial Transformation

This IDC Perspective discusses the top financial policies to develop and maintain, enhance operational efficiency, mitigate financial risks, and drive sustainable growth for the organization. Many organizations do not review and update their financial policies on an annual basis, but if your organization is going through finance transformation it is an opportune time to do so. "Financial policies are vital in the financial control of any company. Many underestimate the power and authority of these financial policies. Finance and accounting professionals use these policies to execute processes and hold the organization accountable." - Heather Herbst, research director, Worldwide Office of the CFO at IDC