Making mistakes and errors is normal. But in the finance industry, tolerating it is critical. A finance business’ progress is dependent on the performance of the employees. But if your employees are having trouble following the right direction, it’s time to implement a step-by-step workflow. Generally, anyone can plan for a workflow. But creating the structure is another story to tell. So, to help you through, we have Finance Flow Chart Templates in Publisher that you can instantly download. All files are available in A4 and US Letter sizes. It’s customizable and printable. So, avoid workflow errors by downloading our templates now!
How to Create a Finance Flow Chart in Publisher
Digitalization in the finance sector continues to make improvements. Through this, finance departments carry essential challenges in the industry’s growth in terms of productivity. Supposedly it helps in the internal aspect of the business, but all along, it also brings critical challenges to the teams and the systems. With a list of risks, it affects different areas of the finance business process: financial analysis, reports, accounting, management, and agreements.
The finance team’s activities bring an impact to the overall performance of the organization. Without a comprehensive workflow plan, it tolerates potential trouble. This is why a step-by-step financial processing workflow will always be an essential material in the finance industry. You can’t certainly cure these possible risks in an instant. But, you can also do some preparations to prevent them. To achieve this, creating a Finance Flow Chart would be necessary. Below are the steps you can follow in creating one.
1. List the Financial Tasks
Most small businesses release a manual that enables their employees to follow a step-by-step task procedure. In applying this to your organization, you’ll have to determine a list of tasks. Prioritize the tasks that you consistently do. Jot down the audit process, financial planning, purchase, etc. Make sure that you do this with a team. So, schedule a meeting. Be open and list the team’s suggestions.
2. Visualize the Process
Once you have the full list of tasks, you can start visualizing the process by creating a diagram. To begin with, launch your Microsoft Publisher. On the Insert menu, pick a shape. It’s best to use the rounded rectangle to make it look easy in the eyes. Don’t forget to plot the shapes from top to bottom. Or plot it from left to right.
3. Write Down the Process
In writing down the process, add text to each of the shapes. The text shouldn’t be lengthy. Make sure that you add the steps according to their proper sequence. For example, the “source documents” must have an arrow connecting to “post entries to the journal", then followed by the rest. Remember that it should flow from the top to bottom or left to right, and not the other way around. Don’t forget to make your chart understandable by all the team members.
4. Keep It Simple
The finance process flow must be informative. So, create a simple chart. You can achieve this by avoiding incorporating fancy designs. Though you can add touches of colors, but make it minimal. Change the colors of the shapes. Make sure that the background color is darker if you wish to use a lighter text style. Don’t forget to format the text. Use easy-to-read font styles, such as Helvetica, Garamond, or Arial.
5. Review and Deploy
Remember, your flowchart affects the performance of the employees. So, it’s essential to go through each of the steps to correct missing points. Let other team leaders check your work. Once done, save your document. Print it and test to see possible progress later on.
