Ever feel like your accountants are forever tucked away in the farthest corner of the office’s cubicle farm, where all the “spreadsheet nerds” belong? There are ways to break down those walls (we’re speaking metaphorically, now) that divide accounting and the rest of an organization. CFO Brew spoke with two finance leaders who have made it their business to remove barriers between finance and the rest of the company. The benefits, they said, are symbiotic. The finance folks better understand where they fit into the organization as a whole, and other teams can see how they’re impacting the company’s finances. “[Other departments] know how their decision-making is going to affect the company’s financial health, and that’s a really powerful type of partner to have when you’re a finance operator, connecting with other stakeholders,” Michael Zheng, SVP of finance and people at Spinwheel, a consumer credit data platform, told us. Same team. With a wealth of data and tools at its disposal, the finance function can be a key contributor to other functions—especially marketing, sales, and customer success, according to Zheng. How finance can be a key contributor to other functions.—AZ |