Why Hire A Financial Staffing Agency?
Today’s finance leaders see efficiency as a critical feature of a post-COVID-19 world. From new accounting and reporting methods to strategic financial management in uncertain times, finance teams must adapt quickly to dramatic changes today and tomorrow.
The global consulting firm McKinsey notes that finance departments have cut costs by 30% in the past decade, and the next decade promises to be even more efficient. However, beyond expenses, the best finance departments shift resources from transaction processing to “value-added” responsibilities that drive business performance (source).
As McKinsey notes, a good finance team must have a “clearly defined data management strategy.” However, finance is not merely about “big data”—it’s about analyzing data to make critical business decisions.
In this new landscape, a company’s finance hires must be experienced, knowledgeable, and flexible and perhaps include a mix of full-time employees and contractors. The old ways of hiring will not suffice in a post-pandemic world.