{"id":30248,"date":"2020-04-12T13:31:35","date_gmt":"2020-04-12T11:31:35","guid":{"rendered":"https:\/\/finsa.ee\/work-processes-and-controls\/"},"modified":"2021-08-04T16:57:57","modified_gmt":"2021-08-04T16:57:57","slug":"work-processes-and-controls","status":"publish","type":"post","link":"https:\/\/finsa.ee\/en\/work-processes-and-controls\/","title":{"rendered":"Work processes and control"},"content":{"rendered":"

The existence of motivation, responsibility and decision-making mechanisms brings new quality to management. As such, we free up a lot of time by eliminating duplicating operations and achieve true control over our activity.<\/p>\n

A significant portion of managers' time resources is taken up by ad hoc decision making, searching for data, correcting errors and solving problems. Implementing streamlined work processes is time-consuming, but in the long run will lead to significant time savings for both managers and the entire organisation. It also improves quality of management, as decisions can be made based on adequate information and by employees with corresponding competences.<\/p>\n

An example of work processes that need to be organized<\/h3>\n

Decision-making processes, structure and competence of meetings
\nDocument management
\nInvoicing and revenue recognition
\nAccounts receivable monitoring
\nAccounting, recognition and inventory of fixed assets
\nAuthorization of costs
\nMovement of cost documents
\nInventory management, inventories
\nLiquidity management
\nMonitoring budget compliance
\nChoice of partners
\nRecruitment<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The existence of motivation, responsibility and decision-making mechanisms brings new quality to management.<\/p>\n","protected":false},"author":2,"featured_media":31010,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-30248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial"],"yoast_head":"\nWork processes and control - Finsa.ee<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/finsa.ee\/en\/work-processes-and-controls\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Work processes and control - Finsa.ee\" \/>\n<meta property=\"og:description\" content=\"The existence of motivation, responsibility and decision-making mechanisms brings new quality to management.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/finsa.ee\/en\/work-processes-and-controls\/\" \/>\n<meta property=\"og:site_name\" content=\"Finsa.ee\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/finsa.ee\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-12T11:31:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-04T16:57:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/finsa.ee\/wp-content\/uploads\/2021\/01\/viktor-forgacs-q8XSCZYh6D8-unsplash-2048x1365-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1365\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Piret Aava\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Piret Aava\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/finsa.ee\/en\/work-processes-and-controls\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/finsa.ee\/en\/work-processes-and-controls\/\"},\"author\":{\"name\":\"Piret Aava\",\"@id\":\"https:\/\/finsa.ee\/en\/#\/schema\/person\/6a569026c2af4758ab5390605deb0139\"},\"headline\":\"Work processes and control\",\"datePublished\":\"2020-04-12T11:31:35+00:00\",\"dateModified\":\"2021-08-04T16:57:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/finsa.ee\/en\/work-processes-and-controls\/\"},\"wordCount\":157,\"publisher\":{\"@id\":\"https:\/\/finsa.ee\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/finsa.ee\/en\/work-processes-and-controls\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/finsa.ee\/wp-content\/uploads\/2021\/01\/viktor-forgacs-q8XSCZYh6D8-unsplash-2048x1365-1.jpg\",\"articleSection\":[\"Financial\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/finsa.ee\/en\/work-processes-and-controls\/\",\"url\":\"https:\/\/finsa.ee\/en\/work-processes-and-controls\/\",\"name\":\"Work processes and control - 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