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Whitepaper

Enhance Financial Performance

The relationship between HR and Finance has traditionally been strained, but there is a growing trend of partnership between the two functions. As a key driver for growth and performance, a company’s workforce is its greatest asset. In most companies, talent is also the single largest expense, placing it in the junction between HR and Finance, who have often found themselves at odds. However, businesses are increasingly acknowledging that the success of the organization hinges on its people’s skills, knowledge and competency. Human talent is becoming a resource to be optimized rather than a cost to be minimized – putting HR and Finance on the same side. Thus there is a growing need for more consistent collaboration between the two functions.The relationship between HR and Finance has traditionally been strained, but there is a growing trend of partnership between the two functions. As a key driver for growth and performance, a company’s workforce is its greatest asset. In most companies, talent is also the single largest expense, placing it in the junction between HR and Finance, who have often found themselves at odds. However, businesses are increasingly acknowledging that the success of the organization hinges on its people’s skills, knowledge and competency. Human talent is becoming a resource to be optimized rather than a cost to be minimized – putting HR and Finance on the same side. Thus there is a growing need for more consistent collaboration between the two functions.

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