manage your remote team

Best Practices for Managing Your Finance Team Remotely

In 2020 more and more companies are offering remote work options for their employees especially under changing circumstances. However, if you haven’t managed a remote team before it can be a daunting task. Below are our top four tips to help you regroup and get your team on track.

Technology

Before you can offer your team the ability to work remotely or from home on a part-time basis you have to have the right technology in place. Cloud-based solutions give your employees the ability to access all of the information they need to get their job done as well as keep the rest of the company up-to-date. Cloud-based solutions are more flexible and easier to administer compared to VPNs and access to on-premise solutions.

Clear Direction and Expectations

When you aren’t in the same place as your employees it can be challenging to ensure you’re all communicating exactly what needs to be completed. How can you keep the lines of communication open?

First outline exactly what you want to be completed and think about what questions you would have if you were given the same assignment or project. Ensure you make time to go through the goals and objectives and let your team ask questions prior to starting their tasks. Give reasonable timelines for projects and offer touchpoints throughout to ensure everyone remains on the same page.

At the end of a project or task have a check-in to see what worked, what was helpful, and what could have been better. Clear communication is key.

Schedule Pulse Checks

Since your employees are working from home or an outside office they are often left to their own devices to ensure they are completing their job. Scheduling regular check-ins to discuss everything going on with their projects, daily tasks, challenges, and take note of what’s going on in their personal life. The more you communicate with each remote team member the better you will understand their workload, where they excel, and what they need from you.

Offer Flexibility

Part of working remotely is having the ability to work at a pace that is best for you. From a manager’s perspective focusing on accomplished tasks vs. hours is key to being a success in these new roles. It also gives your team the ability to take care of their personal life the way they need to which in turns means when they work they will be 100% focused on the tasks your company needs to be completed.

While managing a remote team may be a new concept for some companies, it can be one that is extremely productive with the right steps taken.

 


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