Creating The Finest In Class Finance Function
Traditionally finance functions inside Police Forces have focused on transactional processing with only limited support for management details and business decision support. Using a renewed concentrate on efficiencies, there’s now a pressing need to have for finance departments to transform so that you can add greater value towards the force but with minimal charges.
1) Aligning to Force Strategy
As Police Forces need to have the finance to function, finance and operations must be closely aligned. This collaboration can be really strong and assistance deliver substantial improvements to a Force, but as a way to realize this model, there are plenty of barriers to overcome. Finance Directors will have to look at whether their Force is prepared for this collaboration, but much more importantly, they will have to look at no matter whether the Force itself can survive devoid of it.
Finance requires a clear vision that centers around its …