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Last updated on Feb 19, 2025
  1. All
  2. HR Management
  3. HR Operations

Struggling to bridge the gap between HR and Finance teams?

When HR and Finance teams operate in silos, it can hinder business growth. To encourage collaboration:

- Establish shared goals that highlight the interdependence of HR and Finance.

- Create cross-departmental teams for projects that require both perspectives.

- Regularly schedule joint meetings to discuss strategies and challenges.

How do you foster collaboration between different departments? Care to share your strategies?

HR Operations HR Operations

HR Operations

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Last updated on Feb 19, 2025
  1. All
  2. HR Management
  3. HR Operations

Struggling to bridge the gap between HR and Finance teams?

When HR and Finance teams operate in silos, it can hinder business growth. To encourage collaboration:

- Establish shared goals that highlight the interdependence of HR and Finance.

- Create cross-departmental teams for projects that require both perspectives.

- Regularly schedule joint meetings to discuss strategies and challenges.

How do you foster collaboration between different departments? Care to share your strategies?

Add your perspective
Help others by sharing more (125 characters min.)
33 answers
  • Contributor profile photo
    Contributor profile photo
    Thays Farias

    Remuneração | Benefícios | Folha de Pagamento | IA | Futuro do Trabalho | Saúde Mental | Diversidade Geracional

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    Comunicação clara e eficaz é fundamental para o sucesso. Para atingir esse objetivo, é imprescindível praticar a escuta ativa. Em minha experiência em diversas empresas, identifiquei que os principais desafios estão relacionados à gestão de prazos, discrepâncias entre o orçamento previsto e o realizado, e alocação incorreta de processos em centros de custo. Questões que resultam em problemas significativos que vão de perdas financeiras a impossibilidade de realizar pagamentos por falta de provisão adequada. Para superar esses obstáculos, é vital criar sinergia entre as áreas. Estratégias para Melhorar a Sinergia: * Estabelecimento de Alinhamentos de prazos e expectativas; * Definição Clara de Cronogramas; * Transparência e Clareza;

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    Vinod Deshpande

    Human Resources Officer | Recruitment Strategy Leadership

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    When HR and finance teams collaborate toward a shared goal, it creates a more holistic approach to problem-solving and decision-making. By combining HR’s expertise in people management with finance’s focus on budgeting and resource allocation, they can gather and analyze more comprehensive data.

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    2
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    Contributor profile photo
    Luiz Raphael Pereira

    Finance Director | CFO | CEO | Finance Manager | Head of Finance

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    A criação de times multisetoriais para atuar em projetos ou busca de soluções pode ser sempre uma excelente alternativa para estreitar laços entre profissionais e áreas. No caso específico entre RH e Financeiro, a elaboração conjunta de um bom orçamento e a gestão compartilhada no dia a dia pode ser uma ótima maneira de capturar essa sinergia. Melhoria de processos interligados de maneira partilhada também pode ser um excelente caminho. Quando há algum tipo de divergência entre áreas/profissionais, que criam barreiras para a fluidez do trabalho, exercitar a empatia e "baixar a guarda" podem ser excelentes formas de buscar caminhos para superar esses obstáculos e assim atingir resultados cada vez melhores.

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    Mohamed Abugresha

    Stevie® Awards Judger - Top LinkedIn Voice - MBA-CIPD_PMP_CMC_CPTD_ISO.9001

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    stablish shared goals that highlight the interdependence of HR and Finance. - Create cross-departmental teams for projects that require both perspectiv

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    1
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    Contributor profile photo
    Andreas Hermann

    Professional Relocation Specialist for INDIVIDUALS | Jobhunter | Consultant for Professionals Seeking Employment and Professional Reallocation | AI | Talent Hunter | Confidential Processes | Headhunter

    • Report contribution

    Promovo a colaboração entre departamentos diversos criando conexões estratégicas baseadas em objetivos comuns, comunicação clara e uso de tecnologias integradoras. Estimulo a cultura de co-criação por meio de rituais ágeis, reuniões interdisciplinares com foco em soluções e indicadores compartilhados. Acredito que quando todos entendem o impacto do seu papel no todo, a colaboração deixa de ser obrigação e vira propósito.

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    1
  • Contributor profile photo
    Contributor profile photo
    Jabin Chacko

    SHRM,POSH-TTT,CHRMP & LearnTube.ai Certified HRBP🥇|10+yrslHR Consultant|GenZ CBT Therapist|ContentWriter||Founder of HR Forum PAN INDIA(HFPI),Member of HR Shapers,TSOW,HRPA & Society of Animal Safety #VoiceOFVoiceless

    • Report contribution

    Align goals: Establish shared objectives that support both business and employee needs. Improve communication: Schedule regular meetings to discuss priorities and resolve conflicts. Foster collaboration: Use cross-functional projects to encourage teamwork and understanding. Clarify responsibilities: Define roles clearly to avoid misunderstandings and inefficiencies. Leverage data: Use analytics to make informed decisions that benefit both HR and finance. Encourage flexibility: Find balanced solutions that meet financial constraints without compromising employee well-being.

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    1
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    Contributor profile photo
    Somnath Bajpai

    Talent Acquisition ll HR Policies ll Diversity & Inclusion ll Employee Relations ll Performance Management ll Payroll Compliances ll Compensation & Benefits ll People & Culture

    • Report contribution

    No business can afford to keep its finance and HR functions siloed. To bridge the gap between HR and Finance department: Finance teams must move beyond viewing headcount merely as a cost center and explore ways in which salary, benefits, and other motivational HR levers can be pulled to meet operational needs and boost profitability. HR team, meanwhile, must take a disciplined look at the cost and advantages of hiring new workers and implementing benefits programs, as well as current and future workforce gaps that threaten to limit a company’s success.

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    Contributor profile photo
    Solape Azazi

    IBA CAS QASP-S Non-profit founder & Executive Director/ keynote speaker/ Autism Parent Navigator/ Inclusion Advocate/ Author of My Friend Has Autism / Producer of ECHOES OF HOPE documentary

    • Report contribution

    In big firms, HR and Finance sit in separate silos—structured, well-defined, but often misaligned. Workforce planning, payroll, and budgeting happen in isolation, leading to inefficiencies. Now, take that to a small Nigerian business, where HR and Finance are often merged into one blurry function—what do you get? A recipe for confusion. In SMEs, one person might be handling recruitment, payroll, and expense tracking, making it easy for accountability to slip through the cracks. HR is focused on people, Finance is focused on numbers, and in a resource-strapped environment, these priorities often clash rather than complement. So to fix this, a big emphasis has to be put on collaboration. Collaboration isn’t a luxury - it is survival!

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    Shahzaib Barkat

    BS Business | Operations and Project Management |FCCU|

    • Report contribution

    HR and Finance must collaborate to align workforce planning with financial goals. To break silos establish shared KPIs for HR and Finance, ensuring both teams contribute to financial and workforce success. Use integrated HR-Finance software for seamless payroll and budgeting.

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