Modus operandi of the business is ever-changing. Sheds became brick and mortar shops. And now, the online shopping networks are causing mayhem. The motto of business is still profit-making but the word ‘quick’ is prefixed to it. Financial and accounting services are profusely affecting now. Fluctuations in profit margins shout that it is actually happening. A company’s chief financial officers (CFOs) are the better judges of it. But here, judging alone will not even out the odds of revenue generation. Market research has its perfect answer lying in 5 models.
Finance target operating model foresees how market and marketing trends impact financial structure of the company. Structured and proper alignment of operational unit with finance priorities can possibly strike the business goal. Recording and maintaining financial transactions will trek on absolutely right path. But how is it possible? ‘Strong Governance’ has its clear cut answer. Catch what 5 models for effective governance can do to kick out barriers in operation model: