Last updated on Jul 5, 2024

Here's how you can gather feedback from multiple sources in a Corporate Finance role.

In the fast-paced world of corporate finance, gathering feedback is crucial for driving improvement and making informed decisions. Whether you're analyzing financial statements or preparing investment strategies, understanding how to collect and interpret feedback from multiple sources can enhance your performance and contribute to your organization's success. It's about engaging with a diverse set of stakeholders, using a variety of tools, and maintaining an open mind to draw valuable insights from the data and opinions you receive.

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1 Internal Teams

Engaging with internal teams is a foundational step in gathering comprehensive feedback. Colleagues from departments such as accounting, sales, and operations can provide insights that reflect the interdependencies of corporate finance within the wider business. By initiating regular meetings and creating open channels of communication, you can ensure that feedback is timely, relevant, and reflective of the company's operational realities. Remember to value each department's perspective, as this cross-functional approach can reveal opportunities for financial optimization that might otherwise go unnoticed.

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Caryn Ben Simchon

Senior Bookkeeper at Corephotonics
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As an accountant I have always worked closely with both Operations and Sales. I feel that we can give our internal teams excellent tools to help them leverage their teams and in the process help the Finance team. For example, post Covid, I set up weekly meetings with our sales team to monitor customer collections and leveraging their debts in forming new contracts going forward. This led to 85% collections.

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Marcelo Oliveira

BNDES Business Support we are together to make your company grow with the best interest rates in the Brazilian market We issue invoices for your accounting. 16 99342 0508 Marcelo Oliveira
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O planejamento financeiro prevê, basicamente, a administração racional da arrecadação e das despesas, de forma que o orçamento não estoure e a sustentabilidade econômica seja preservada. É importante ressaltar que a organização das finanças não deve ser um ato emergencial. Ela só será efetiva se implementada permanentemente.

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2 External Analysts

External financial analysts can offer an unbiased view on your company's financial health and strategies. Their feedback often comes from a place of market comparison and industry benchmarks, providing a broader context to your corporate finance activities. To engage with these professionals, consider attending industry conferences, participating in analyst calls, and reviewing published reports. This external feedback can help you understand market expectations and investor perspectives, which is essential for strategic financial planning and reporting.

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Marcelo Oliveira

BNDES Business Support we are together to make your company grow with the best interest rates in the Brazilian market We issue invoices for your accounting. 16 99342 0508 Marcelo Oliveira
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O planejamento financeiro é essencial para o sucesso de qualquer organização. Ele envolve a análise, projeção e gestão dos recursos financeiros da empresa. Os Analistas de Planejamento Financeiro desempenham um papel crucial nesse processo. Aqui estão algumas das suas principais atividades: Elaboração de Relatórios Gerenciais: Os analistas criam relatórios para acompanhar o desempenho das áreas de negócio. Esses relatórios fornecem suporte às áreas não financeiras, ajudando na tomada de decisões.

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3 Client Feedback

Clients are a direct source of feedback that can highlight the real-world impact of your financial strategies and decisions. Through surveys, focus groups, or one-on-one interviews, you can gather their opinions on pricing, product profitability, and investment decisions. This feedback loop is invaluable for tailoring financial solutions that meet client needs while also ensuring the company's financial goals are met. Listening to clients can lead to more client-centric financial planning and improved client relations.

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Marcelo Oliveira

BNDES Business Support we are together to make your company grow with the best interest rates in the Brazilian market We issue invoices for your accounting. 16 99342 0508 Marcelo Oliveira
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Coleta de Feedback do Cliente: A gestão de feedback do cliente envolve coletar opiniões, sugestões e reclamações dos clientes sobre um produto, serviço ou experiência. As empresas podem usar pesquisas online, entrevistas individuais, análise de mídias sociais e monitoramento de avaliações para coletar feedback. Pesquisas online são comuns, permitindo que as empresas coletem feedback de um grande número de clientes de forma rápida e eficiente.

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4 Technology Tools

Leveraging technology tools is an efficient method for collecting and analyzing feedback from various sources. Financial management software, customer relationship management (CRM) systems, and data analytics platforms can automate the feedback collection process and provide actionable insights through data visualization. By integrating these tools into your workflow, you can track performance metrics, monitor feedback trends, and make data-driven decisions that align with your financial objectives.

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Marcelo Oliveira

BNDES Business Support we are together to make your company grow with the best interest rates in the Brazilian market We issue invoices for your accounting. 16 99342 0508 Marcelo Oliveira
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Análise SWOT (FOFA): Essa ferramenta avalia os pontos fortes e fracos internos da empresa, bem como as oportunidades e ameaças externas. Ajuda a entender a situação atual e a definir estratégias para o futuro1. Tendências Tecnológicas: Acompanhar as tendências tecnológicas é essencial. Algumas tendências para 2024 incluem: Uso de tecnologia específica para setores e necessidades organizacionais. Capacitação de não especialistas para criar soluções. Colaboração com partes interessadas para gerenciar o ciclo de vida do software.

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5 Regulatory Bodies

Regulatory bodies play a significant role in shaping corporate finance practices. Feedback from these authorities, often in the form of compliance requirements and audit results, must be taken seriously. Staying updated with regulatory changes and actively seeking guidance can help ensure that your financial operations align with current standards and best practices. This proactive approach not only helps in maintaining compliance but also in anticipating future regulatory trends that could impact your financial strategy.

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Marcelo Oliveira

BNDES Business Support we are together to make your company grow with the best interest rates in the Brazilian market We issue invoices for your accounting. 16 99342 0508 Marcelo Oliveira
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Anvisa (Agência Nacional de Vigilância Sanitária): É o órgão regulatório mais importante no Brasil. A Anvisa é responsável por regular cosméticos, alimentos, agrotóxicos, embarcações, medicamentos, equipamentos médicos e muito mais. Para regularizar produtos junto à Anvisa, existem soluções como o hosting service, que oferece vantagens como menor custo e tempo de aprovação. MAPA (Ministério da Agricultura, Pecuária e Abastecimento): Regula insumos animais, alguns alimentos, equipamentos e cosméticos PET. Se você deseja trazer produtos para o Brasil nesses segmentos, a RAGB oferece assessoria rápida e prática.

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6 Continuous Learning

Finally, continuous learning is a powerful way to gather feedback and stay ahead in corporate finance. This involves keeping abreast of the latest financial theories, models, and industry developments through professional development courses, webinars, and academic journals. By dedicating time to expand your knowledge, you can critically assess your own work against new information and adjust your practices accordingly. Embracing a culture of learning fosters an environment where feedback is not just received but actively sought for perpetual improvement.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Here's how you can gather feedback from multiple sources in a Corporate Finance role.

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1 Internal Teams

2 External Analysts

3 Client Feedback

4 Technology Tools

5 Regulatory Bodies

6 Continuous Learning

7 Here’s what else to consider

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