Business functions are the procedures which allow a company to perform. They encompass a broad range of activities from finance to marketing to human resources. They assist companies to achieve their daily objectives as well as generate revenue, and ensure that the company remains functional.

When teams or departments have clearly defined functions in their business they are aware of the scope of their duties. This can help them avoid accidentally interfering with the work of other areas. It helps them to better manage their workflow and resources.

If your business sells physical products There could be multiple departments that handle the manufacturing process. There may be departments to handle shipping, customer service, and logistics. Each of these departments must be able to cooperate in order to provide the best products and services to your customers. Creating an accountability chart which outlines each department’s roles and areas of responsibility is an excellent method to establish clear business processes and limit overlap.

You can create org chart and accountability charts using tools data room companies like Functionly. These charts show key business functions, as well as the roles of employees supporting these tasks. This helps you to better organize your team and reduce duplication of efforts. It also helps you remain agile when it comes to adapting to market changes. For instance, if a certain function requires the expertise of several departments, you can assign cross-functional team members to take on the job. Your company will be able to react more efficiently to changes in the market and also achieve its goals in the strategic direction.