ASK YOURSELF: ARE YOUR TEAMS
READY FOR A CROSS-FUNCTIONAL
COLLABORATION?
Cross-functional collaboration, done right, can lead
to big ideas, increased employee satisfaction and
education, improved teamwork, and, ultimately,
explosive innovation. Ask yourself these questions
to help your team work better, together:
WHAT IS YOUR GOAL? A clear goal is the basis for
any type of innovation, but is especially important
when it comes to cross-functional collaboration.
Make sure you clearly establish for any teams
involved what the ultimate goal of the collaboration
is. A unified team with a clear goal will move more
quickly and efficiently than a purposeless team.
WHO PLAYS WHAT ROLE? When it comes
to cross-functional collaboration, clarity is key.
Is one team leading the charge? Are both teams
equally responsible for the same role? Or do the
teams handle different pieces of the project?
Regardless of your answer, if your team doesn’t
know it, different expectations might lead to
tension or confusion.
DO YOUR TEAMS HAVE THE NECESSARY TOOLS
AND SKILLSETS? Collaborating across roles and
functions (or even across time zones) can present
unique challenges. Consider whether your teams
have experience communicating—whether in-person
or via email or other tools—and brainstorming
with groups that may have a different vocabulary,
method, or understanding of the best way to
communicate.
Is your team having trouble with
cross-functional collaboration? Visit
connect.snb.com/collaborations to learn
more about overcoming your cross-functional
conundrums.
Competitive
A C C O U N TA B I L I T Y
Bridging the gap between receivables
and your payroll is a difficulty faced
by many business owners. Payroll out-
sourcing services can help you manage
disruptions in cash flow while delivering
payroll financing that is accurate, on
time, and in compliance with ever-
changing regulations.
Payroll financing specialists at Sterling National
Bank work with a variety of industries, providing
a suite of products and services that can be tailored
to meet your company’s unique needs. Here are
just a few ways your company can benefit from
payroll outsourcing:
Increase Cash Flow
Even if customers are taking a little longer to pay
their invoices, your capital can still work for you.
Whether you need to finance new equipment or
fund your payroll, Sterling has you covered when
your cash is tight.
Conserve Time and Focus
Recordkeeping, payroll processing, and tax
management are time-consuming responsibilities
that can prevent you from growing your business.
Payroll financing services can take care of these
tasks while you concentrate on generating revenue,
recruiting the best workforce, and building your
client base.
Expand Your Network
When you partner with Sterling, you leverage
a dedicated team of savvy staffing professionals
that has built a network of nationwide resources
ready to assist.
For more information about how
payroll financing can position your
company for growth, read Sterling
National Bank’s white paper, “Payroll
Financing and Administrative Services:
Outsourcing for Agility and Growth”
at connect.snb.com/payroll-financing.
RANKED ONE OF FORBES' BEST BANKS OF 2019 // CONNECT INNOVATION FALL 2019 // SNB.COM
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