The ressources human sourcesfinance and services administrative functions are at the heart of a company’s organization and smooth running!
Often less visible than sales functions in a company’s success, they are nonetheless an essential link in a development strategy. In order to achieve its long-term strategic objectives, every company needs to set up a service administrativea finance department and a ressources human resources department to meet its development needs.
Human resources encompass all positions inherent to personnel management within a company. There are also human resources firms that support companies in their HR policies and day-to-day tasks (payroll management, recruitment, integration, training, etc.).
There are many professional players involved in human resources: payroll managers, personnel administration, generalist HR assistants, human resources development managers, human resources managers, human resources directors, and so on.
The payroll manager manages the payroll of the company’s employees, while the personnel administration officer is responsible for managing contracts, endorsements, provident schemes and mutual insurance files.
The HR development manager’s role is often to recruit and train employees, while the HR manager manages a perimeter of employees and is responsible for managing the company’s social climate. Their objective is to deploy HR policy within the company.
In every company, the administrative department plays a central role in the running of the business. By encompassing several categories of business, the administration enables other departments to work serenely, supporting them in their recurring and compulsory tasks.
An administrative department is often broken down as follows:
Accounting, the role of which is to manage a company’s monetary operations. The accounting department handles invoice entry, tax declarations, balance sheet preparation, study of accounting documents, audits and bank account management. Their control and production role is essential for any company, as they are legally required to do so.
Human resources, which may be part of an administrative department depending on the size of the company. The larger the company becomes, the more likely it is that the HR department will stand out and be considered a department in its own right within the company.
Purchasing, whose role is to save the company assets through sourcing and negotiation. To follow up on purchases and supplier orders, the purchasing department often takes charge of inventory management. In this respect, it is an essential function that ensures the constant supply of a company.
Sales administration, in liaison with the sales departments, is the gateway between the company’s various functions. This department manages contracts from the moment orders are received through to delivery or fulfillment. Sales administration also provides real support for after-sales relations.
Finance departments are strategic positions within companies. They are responsible for implementing and ensuring compliance with the company’s accounting and financial strategy.
This objective involves managing the company’s profitability, solvency and cash flow.
To carry out these missions, these departments are supported by financial service managers, accountants, chartered accountants, financial analysts and financial auditors. Several activities can also be associated with financial services: banking and insurance.
