Making Time for More Meaningful Work: 5 Tips to Turn Spend Management into a Better Employee Experience for Finance Teams

The future is packed with unknowns. Since economic conditions, corporate priorities, and regulatory and compliance requirements are continuously changing, your organisation needs to be ready for anything.

However, today’s finance teams already have a lot to manage—overseeing spending, policies, and budgets; ensuring regulatory compliance; reducing costs and fraud; maximising value-added tax (VAT) reclaim; and so on. They’re also under more pressure than ever to do more with less, optimise their organisation’s budgets and spending, streamline processes, and improve their productivity and efficiency. Moreover, complex market dynamics have created a talent shortage, making it difficult for organisations to find, hire, and retain enough qualified workers.

Your organisation wants its employees to focus on improving the business instead of accomplishing mundane tasks. And your employees want to focus on higher-level activities that make their work more meaningful. To achieve this and retain employees, your organisation must take proactive steps to understand what type of work employees care about most, how to improve the employee experience, and what’s needed to continue to support hybrid/remote work.