“Winning is a habit. Unfortunately, so is losing.” – Vince Lomdard
In a world that is moving so fast, habits that were once good can soon become outdated and this is very apparent in finance and accounting. A business is a living, breathing thing, and it has to constantly adapt to new technology and new legislation.
Companies will spend thousands on changing and improving the habits that seem most obvious, such as sales and marketing strategies, getting the latest software; anything that keeps them at the cutting edge so they can attract new business and retain customers.
Unfortunately this is not the case for the finance and accounts departments.