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Controlling Risk in Finance

Controlling risk in the finance department is an important task that is often overlooked. CFOs must manage the financial risks of the corporation and it is their duty to prevent losses to the business. By creating an action plan, finance leaders can start to control continuous risks—those with both direct and indirect costs—by instituting four operational performance measures in their departments. There are four suggested metrics that CFOs can use that will begin to transform the finance department into a “knowledge-work factory.”

Read More at Strategic Finance Magazine >