Idea Management for Leaders in Finance
Learn how you and your team can foster a culture of innovation through gathering, evaluating and implementing ideas.
You have overall responsibility for the finances in your organisation, from financial planning and reporting to accounting and managing financial risk.
You will always have an eye on the bottom line and are met with constant demands from other board members, either requiring more budget for their department or demanding that savings be made somewhere in the P&L.
A smart, efficient and effective finance team is an integral part of any business.
Ensuring that the team works hard and keeps finance aligned to overall business goals is essential, but you are also facing a variety of specific challenges:
You need to find solutions and replacements for outdated legacy tools to increase efficiency.
Keeping costs down but without impacting service, products or customers is a key challenge, and one that gets harder all the time.
However innovative a new idea is (products, tools, services and more), it must demonstrate ROI to be fully deployed.
You (and the rest of the board) need complete visibility over finance at all times.
Innovation in finance can feel more challenging than in other business functions but Wazoku’s Idea Spotlight is a solution that can make a tangible difference to the effectiveness of finance teams and the value they offer:
It makes collaboration around the generation of ideas for new approaches much easier and delivers better results.
The increased collaboration gives finance more insight into other departments and vice versa.
It can track and monitor savings/revenue from the innovation pipeline and provide a precise ROI for new ideas.
The business relationship with Wazoku is one of the best experiences I have had in my entire professional career. The people and the management team are very committed. It’s Onboarding team ensures a smooth introduction. The support of the ongoing process by the Customer Success team helps in every situation. Their task is to support users in achieving their objectives. We have always received useful and easy-to-implement information, tailored to the respective inquiry.
What distinguishes Wazoku is the unrestrained will to bring success to the customer and get the most out of using the platform. Read more.