Finance Smart Playbooks

Finance is all about money and a small mistake can hurt a business badly. Do you remember a scenario when something like this happened because of missing or unknown information? Imagine when you started in your current finance role and you were asked to perform a critical finance task. You contacted many people and searched various internal systems to get familiar with the finance processes of your organization. Now imagine, if you had a Smart Playbooks system that would have provided you with a finance Smart Playbook that would have guided you at every step and performed checks and balances on its own, leaving you with the creative and non-repetitive work. This would have eliminated all your guess work, all your frustration, and all your education plus information finding time. In short, this would have made you very productive sooner.

Now imagine another scenario, where your global organization wanted to make process changes because of the changes in the local regulations. Can you imagine the time spent on implementation, awareness and adoption of that change? Let’s fast forward to today where Smart Playbooks can make that change in hours and users get updated playbook whenever they execute their next Smart Playbook.

This will eliminate all manual employee education effort, manual errors, and will also accelerate time-to-market of a new or updated process. This is a big game changer in today’s fast changing business horizon where you can stay one step ahead from your competitors and make your finance processes very agile.

Every organization has several finance playbooks. You can visualize them through your daily job responsibilities. Those playbooks can include the following samples. Remember that different roles will execute different playbooks and one role can use a partial or complete playbook designed for another role.

Manage financial risk
Define financial model
Create business valuation
Perform capital budgeting
Define capital structure
Run quarterly report
Run annual report

We listed only a few samples above. Your organization may have many more or there may be different playbooks depending on the need and industry of your organization.