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Finance SOPs

Standard Operating Procedures for invoicing, expense processing, and financial closing.

Available SOPs

SOP IDTitleVersionLast Updated
SOP-210Invoice ProcessingDraftTBD
SOP-211Expense ReimbursementDraftTBD
SOP-212Monthly ClosingDraftTBD

Process Overview

Finance maintains accurate financial records and timely payment processing.

Finance Workflow

Client Invoice → SOP-210: Invoice Processing → Payment Collection
Employee Expense → SOP-211: Expense Reimbursement → Reimbursement
Month End → SOP-212: Monthly Closing → Financial Reporting

Key Roles

  • CFO: Owns financial strategy, approves budgets
  • Finance Manager: Executes financial operations, reporting
  • Bookkeeper: Processes invoices, expenses, reconciliations

Quality Metrics

  • Invoice Accuracy: 100% (no errors requiring reissuance)
  • Payment Collection (30 days): ≥90%
  • Expense Processing Time: ≤10 business days
  • Monthly Close Timeline: By 5th business day of following month

Category Owner: CFO Last Updated: 2026-02-02