🚨 Finance leaders: Did you know only 3% of Finance departments review quality costs at management meetings? The cost of poor quality has become a corporate black hole, silently draining an average of 2.7% of company revenue. Yet most organizations can't even track these costs effectively. Our latest article reveals why this needs to change and how Finance can take the lead in transforming quality from a cost center into a profit driver. Discover the 9 critical reasons why Finance must step up now to apply financial discipline to quality costs. https://lnkd.in/eDsP6if3 #FinancialLeadership #QualityManagement #CostOfQuality #Manufacturing
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🚨 Finance leaders: Did you know only 3% of Finance departments review quality costs at management meetings? The cost of poor quality has become a corporate black hole, silently draining an average of 2.7% of company revenue. Yet most organizations can't even track these costs effectively. Our latest article reveals why this needs to change and how Finance can take the lead in transforming quality from a cost center into a profit driver. Discover the 9 critical reasons why Finance must step up now to apply financial discipline to quality costs. https://lnkd.in/eNSCXZRg #FinancialLeadership #QualityManagement #CostOfQuality #Manufacturing
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🚨 Finance leaders: Did you know only 3% of Finance departments review quality costs at management meetings? The cost of poor quality has become a corporate black hole, silently draining an average of 2.7% of company revenue. Yet most organizations can't even track these costs effectively. Our latest article reveals why this needs to change and how Finance can take the lead in transforming quality from a cost center into a profit driver. Discover the 9 critical reasons why Finance must step up now to apply financial discipline to quality costs. https://lnkd.in/ee4f7Dz7 #FinancialLeadership #QualityManagement #CostOfQuality #Manufacturing
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🚨 Finance leaders: Did you know only 3% of Finance departments review quality costs at management meetings? The cost of poor quality has become a corporate black hole, silently draining an average of 2.7% of company revenue. Yet most organizations can't even track these costs effectively. Our latest article reveals why this needs to change and how Finance can take the lead in transforming quality from a cost center into a profit driver. Discover the 9 critical reasons why Finance must step up now to apply financial discipline to quality costs. https://lnkd.in/eZk_rqP9 #FinancialLeadership #QualityManagement #CostOfQuality #Manufacturing
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It's never too early to start planning for the new year! Get ahead of the curve in 2025 & explore the insights that will shape your strategy and leadership for the year ahead!🚀 Check out the top priorities for #finance leaders in 2025 in AvidXchange, Inc.'s report https://okt.to/YbcqOP
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FP&A leaders have a reputation. Reputation for being controlling & arrogant. But There's a method to the madness. Here are 3 things we do that other don't 1) We say "No" (a lot) We prioritize and are clear on what's important. 2) We are always asking questions We are never satisfied with the status quo. 3) We are not afraid to fail FP&A leaders are exceptionally resilient and aren't afraid to take risks. We are able to pivot quickly when something isn't working. Its all about being strategically clear. So, if you're being labeled as controlling and arrogant, just remember: confidence isn't arrogance when you're right. #FPA #Strategic #Confidence
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Unique power of finance.... The Real Value of Finance is Not What You Produce—It’s What You Do with it. You’re not just a producer of information—you’re a driver of action. The reports you prepare are crucial, The models you build are the backbone, The financials you produce are essential. What truly matters is how you use that information to - guide your company’s strategy - steer leadership toward smart decisions and help the business avoid risk while capitalizing on opportunities. How do you drive action from those numbers? Are you using the financials to highlight areas of risk or opportunity? Are your reports influencing strategic decisions shaping the company’s future? Are your models helping leaders navigate market challenges and make informed choices? Focus on how you can leverage that output to shape the future of the business. That’s where true value lies. #Financialmanagement #Valuefinance #Financecontribution
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Finance isn’t just for accountants—supply chain leaders need to master financial acumen to drive success. Understanding cost structures, analyzing data, and making informed decisions are critical to building efficient and sustainable supply chains. Supply chain leadership and financial expertise go hand in hand, enabling professionals to align operations with organizational goals. What financial skills do you think are essential for supply chain professionals? #Supplychain #IndustrialEngineer #Financeinsupplychain
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In Formula One, there’s no compromise between speed and precision – both are pushed to their limits to achieve the best performance. The same principles can be applied to finance, where top-performing leaders are expected to make fast, yet accurate decisions that drive business success. Sounds familiar? Make sure to tune in for our session with Guy Maizels at CFO Summit next week. ✅ Free? Yes ✅ Insights from top CFO's? Yes ✅ Game-changing strategies you can implement immediately? Yes Register now: https://lnkd.in/eTKSPac7
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We're proud to be opening the Finance Alliance virtual CFO Summit on 25th September 14:00-14:30 (utc+1) 🎟 book your seat now! 🎟 ⭐ Beyond Spreadsheets: How Top Performing Finance Leaders Make Better Decisions ⭐ In this session, we won’t just talk about the solutions – we’ll show you. Through an exclusive product demonstration, you’ll experience a "day in the life" of a top finance leader who has already made the shift from cumbersome spreadsheets to a dedicated planning platform. See first-hand how this transformation enables faster, more informed decision-making, improved collaboration, and real-time insights. Learn how advanced planning technologies are helping finance leaders streamline forecasting and reporting, reduce decision anxiety, and keep up with the growing demands of their roles. Whether you’re grappling with data challenges or complex scaling, this webinar will give you the tools and insights you need to make confident, data-driven decisions. See you there!
In Formula One, there’s no compromise between speed and precision – both are pushed to their limits to achieve the best performance. The same principles can be applied to finance, where top-performing leaders are expected to make fast, yet accurate decisions that drive business success. Sounds familiar? Make sure to tune in for our session with Guy Maizels at CFO Summit next week. ✅ Free? Yes ✅ Insights from top CFO's? Yes ✅ Game-changing strategies you can implement immediately? Yes Register now: https://lnkd.in/eTKSPac7
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📊 The Power of Accounting in Strategic Leadership 💼 As accountants, we often focus on the details: financial statements, compliance, and balance sheets. But true leadership in accounting is about more than numbers—it’s about strategic insight. When accounting professionals step into leadership roles, they bring an unparalleled ability to turn data into decision-making power. Here’s how: 1. Clarity: A leader with a strong accounting background can offer clear financial insights to drive organizational strategy. 2. Risk Management: Understanding financial risks allows accounting leaders to forecast challenges and guide the company through uncertainty. 3. Ethical Leadership: Accounting professionals are trained in compliance and integrity—qualities that are essential for leading teams and building trust. 4. Sustainable Growth: By leveraging financial data, accounting leaders can make informed decisions that not only improve profitability but ensure long-term sustainability. Remember, leadership is not just about managing people—it’s about influencing outcomes. Accountants have the unique ability to lead with precision, integrity, and vision. #Leadership #Accounting #Finance #StrategicLeadership #EthicsInBusiness
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Read our blog post: https://www.alisqi.com/en/blog/the-cost-of-bad-quality-financial-managements-last-black-hole