{"id":2550,"date":"2022-02-06T15:20:48","date_gmt":"2022-02-06T14:20:48","guid":{"rendered":"https:\/\/www.ffrd.nl\/?page_id=2550"},"modified":"2022-08-26T14:45:42","modified_gmt":"2022-08-26T13:45:42","slug":"factor-finance-function-improvement","status":"publish","type":"page","link":"https:\/\/www.ffrd.nl\/en\/hpff-framework\/factor-finance-function-improvement\/","title":{"rendered":"Factor: Finance Function Improvement"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"272\" height=\"271\" src=\"https:\/\/www.ffrd.nl\/wp-content\/uploads\/2021\/08\/Tandrad-ffverbetering.png\" alt=\"\" class=\"wp-image-2199\" srcset=\"https:\/\/www.ffrd.nl\/wp-content\/uploads\/2021\/08\/Tandrad-ffverbetering.png 272w, https:\/\/www.ffrd.nl\/wp-content\/uploads\/2021\/08\/Tandrad-ffverbetering-150x150.png 150w\" sizes=\"auto, (max-width: 272px) 100vw, 272px\" \/><\/figure>\n<\/div>\n\n\n<p>This factor revolves around the extent to which financial professionals have the ability and the skills to improve their function. The associated characteristics are: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>improvement measures in the finance function are monitored and evaluated using performance indicators; <\/li><li>the implementation of improvements is tackled in a structured manner in the finance function; <\/li><li>the financial professionals have been able to spend sufficient time in the past year on making their activities more effective and efficient; <\/li><li>and the implementation of improvements in the finance function is actively encouraged.<\/li><\/ul>\n\n\n\n<p>In addition, this factor contains a characteristic that is aimed at increasing the process knowledge in the finance function: in the finance function, processes are carried out as uniformly as possible and in one place, so that expertise about these processes is bundled. <\/p>\n\n\n\n<p>Finally, there is a characteristic that describes an activity that makes line managers less dependent on the finance function for assistance in finance-related matters while, at the same time, giving the finance function more time for more complex tasks; this is achieved through the use of financial self-service by managers in the organization. \u201cSelf-service\u201d means that line managers can prepare their own reports without assistance from the finance function.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This factor revolves around the extent to which financial professionals have the ability and the skills to improve their function. The associated characteristics are: improvement measures in the finance function are monitored and evaluated using performance indicators; the implementation of improvements is tackled in a structured manner in the finance function; the financial professionals have [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":2548,"menu_order":10,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2550","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Factor: Finance Function Improvement - FFR&amp;D<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ffrd.nl\/en\/hpff-framework\/factor-finance-function-improvement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Factor: Finance Function Improvement - FFR&amp;D\" \/>\n<meta property=\"og:description\" content=\"This factor revolves around the extent to which financial professionals have the ability and the skills to improve their function. 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