A segregation of duties checklist is practically a less detailed plan of what your professionals should do. Separating duties may seem to be a bureaucratic process that takes time. However, a top notch organization can actually rush the process, not to mention about preventing frauds and errors.
Although this is not a general rule, numerous financial processes require particular duties that must be performed by more people in a tight collaboration. Practically, one individual might be responsible for the payroll check distribution, while another one deals with the inventory and orders. Of course, it depends on how large your company is.
Some managers choose to hire a single expert for all these processes, especially when it comes to small or medium businesses. But according to most specialists, having at least two employees deal with these duties is more efficient to prevent problems or frauds. Besides, two brains are always more efficient than one.