Trust in business relationships

By Renata Turba and Roger Barbosa

Undoubtedly, one of the fundamental pillars for the maintenance of human relations is trust.

In this way, it is especially the aspect of greater importance in business relations, since it establishes the conviction of fulfillment of the agreements signed between the parties.

Today, we are experiencing a general and institutional crisis of confidence.

The entrepreneur now has to rely on the human resources involved to create documentation of routines (process compliance) that do not depend on the people; rely on computer systems that process and generate accounting and financial information; rely on the firewall system to ensure that your internal systems will not be affected by hackers, or accessed by third parties and used improperly; rely on the back-up routines of “now digital” accounting and financial information; trust that you will receive all accounting and financial information for decision making, are correct.

Worse than lack of information, is to make decision based on wrong information.

To rely on the accounting and financial information generated by the organization, the company must create and maintain a talent engagement and retention policy; needs to spend financial resources on training and updating professionals in all changes in legislation that affect accounting and financial information; upgrade information systems (ERP) and back-up systems.

To invest, invest and invest.

Why not entrust your accounting and financial processes to a company that has exactly this job as an activity? A company that focuses on talent retention, focuses on training, focuses on on job training?

This way, the management of the company can dedicate 100% of its time to the goals of society: seek profit!

In our next article, we’ll talk about the “do’s” and ”don’t’s” when choosing an outsourcing company for accounting and financial services.