Better Together: How Finance and IT Can Collaborate to Maximize Workplace Productivity

IT and Finance Collaborate

The future is unknown, requiring organizations to do everything they can to be ready for anything. However, many challenges can’t be solved by throwing more people at a problem. Even if organizations could extend their teams, a tight labor market means they are under extreme pressure to help existing staff do more without the extra backup. When every minute of every workday is precious, productivity is crucial. Every internal system, process, and technology your employees use represents an opportunity to either fuel productivity or drain energy. By working together, finance and IT can help your organization leverage technology to work smarter, not harder. Examples include:

  • Finance can help IT identify travel, expense, and invoice automation opportunities based on existing pain points and manual workflows, and shepherd downstream employees through the digital transformation.
  • IT can assist finance with identifying and implementing the right solution, connecting it to the right data sources, and ensuring it meets the security needs of the organization.

The more IT can digitize the finance team’s operations, the less time IT will have to spend later assisting finance with gathering, validating, and securing data and managing legacy solutions—a win for both departments. Discover five tips for increasing productivity through greater finance and IT collaboration. Download the tip sheet today.