Do finance teams sometimes confuse control with value-add? I’ve seen a lot of effort spent tightening rules that don’t actually improve decisions.

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Do finance teams sometimes confuse control with value-add? I’ve seen a lot of effort spent tightening rules that don’t actually improve decisions.

That’s fair

Often margin erosion occurs because of tiny paper cuts so controls stop that. At the end of the day, finance owns fraud prevention, spend integrity, and process traceability. They might be saying “you have to book your hotel on Concur even though it’s cheaper on Priceline” because they need access to where all employees are when traveling, because it reduces fraud risk, because the tiny savings you get on your hotel room doesn’t offset what the lose on rebates from Hilton for not hitting their minimum dollar cap etc.

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