Production department’s main duty is to produce the
goods. For producing goods, it needs raw material, labor
and other expenses. For paying all expenses, production
department needs money and fund which will be fulfilled
by finance department. Finance department checks the
budget of production department and allow funds for
production department.
Marketing
For developing the product, promotion activities and distribution
activities of marketing department need some money for paying
salesmen, advertising budget and other promotional expenses. For
this marketing department makes his marketing budget and it is
cleared by finance department, but sometime finance department will
not all specific marketing expenses but marketing department need
that type of expenses for promotion of sales
Personnel
Personnel is that science which manages the employees of
company and finance is that science which manage the
money. If personnel department and finance department
work together with co-operation, both departments can
satisfy the objectives of company.
Human Resources
Although their mottos are different, they work towards the same goal of a
healthy and succesful company. A strong relationship between the two
departments leads to improvements in employee productivity and
engagement, and higher corporate earnings.
Purchase
The purchase department is in charge of the sales,
though it depends on Finance's decision and
budget.
Administration
Finance & Administration provides Facilities operating
departments with shared services that include budgeting,
finance, procurement, contract administration, and
information technology hardware support.