Skip to content
SAP Concur Blog·· 2022-06-29

SAP Concur: A 90-Day Guide for New Finance Leaders

Navigating Tech and Best Practices for New Finance Leaders

AI Overview

A SAP Concur blog post offers a 90-day framework for new finance leaders, starting with understanding the company's finance processes and best practices. It recommends diving into the numbers and knowing spend, gathering primary reports such as the income statement, cash flow statement, balance sheet, budget vs. actual reports, annual reports, accounts receivable aging report, and current and past forecasts. If finance and accounting processes are automated, real-time data and a clear picture of day-to-day numbers should be available. It also advises learning industry financial best practices, proactively learning finance systems, understanding business fundamentals, and getting a handle on…

Source:SAP Concur Blog · concur.com