finance department accelerator

As new to an architectural firm as it is essential in the functions he occupies, the role of the Administrative and Financial Department (DAF) is more than a simple passion for Excel sheets. Under the impetus of new technologies and ever-increasing amounts of data, the opportunitiess multiply. It is still necessary to know how to collect, process and analyze this data...ù the growing importance of a perfectly calibrated ERP.

The DAF, the cornerstone of the agency's finances

According to the joint growth of teams and projects within the architectural firms, some of them have gone beyond the stage of the creation workshop to become Intermediate Size Companies (ETI) and have required a reinforcement of their teams, in order to provide them with accounting and financial skills.

It is in this context that the creation of an administrative and financial management position (DAF) proves to be structuring for the company. A responsibility on the fringes of the agency's creative profiles, focused on optimizing and controlling costs.

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A constantly evolving role that becomes an architect of growth

Formerly confined to revenue control, the CFO sees its functions shaken up by the constant digitization of business processes and the permanent evolution of ERPs. Automated invoice management, optimized financial management, so many simplified missions for the Administrative and Financial Director who is now expected to have a broader and far-sighted vision of the company's finance.

The tools made available to it, such as ERPs, allow a drastic reduction in financial monitoring, while optimizing the readability and sharing of the data associated with it. The CFO can then concentrate his skills on making the most structuring financial information available for decision-making within the Departments.  

From the essential to the decisive, a job with an increasingly broad spectrum that comes to espouse the most strategic functions of architectural firms.

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ERPs at the service of business improvement

True "communicator" of financial data, the influence of the CFO within the organization increases while it ensures to accompany the evolutions of the activity by relying on information rigorously selected and made accessible: the best way to define the financial choices to be made within its structure.

Numerous functionalities specific to ERP allow it to obtain this broader and long-term vision: financial analysis reports, optimized revision of fees according to projects, management of human resources in terms of costs or planning of expenses.

So many processes dematerialized and accessible within a single software, for simplified governance.

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Fulfill the missions of the DAF… when there is no DAF

No architectural agency escapes the need for precise management and analysis of its financial reality. However, some companies today cannot afford to dedicate a resource to this heavy task. What reports to produce? How to analyze the right numbers? How to save time on these time-consuming tasks?

This is also where ERP comes into play to help you gain agility, support you in analyzing your data and help improve your customer service. Management of co-contracting and invoicing, improvement of profitability, visibility of the agency's workload plan in real time... many tools available to help both a Financial Director accustomed to figures and an agency wishing to simplify its relationship with accountability.

Panicked at the idea of entrusting your precious data to software? Be accompanied by our advisers in the digital transformation of your finances, and we guarantee that you will not miss your Excel files.

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Discover OOTI, the 100% software dedicated to the administrative and financial management of architectural agencies.