The Finance Function: Global Solutions for Global Challenges

Abstract

Overview

The global route to improved efficiency

• Develop the capabilities to succeed in an interconnected global economy
• How to offset the impact of the credit crunch through leaner finance operations
• Managing risk, governance and talent in the wake of the downturn
• Using shared services to reduce costs and improve service delivery
• Transforming finance efficiency and effectiveness - a 20-point action guide
• New ways to support the business in a tougher operating environment

Is it possible to excel at both service delivery and value-adding support for the business? How has globalization affected these challenges? What does the business want from finance in tough economic times?

Business Intelligence takes a fresh look at what it means to be a world-class finance organization in today' s demanding business climate - and what CFOs can do to raise finance' s contribution and value to the enterprise.

This authoritative guide is based on extensive research into top-performing finance organizations - including GSK, Whirlpool and StatoilHydro - plus input from leading consultants and findings from the latest research. The Finance Function: Achieving Performance Excellence in a Global Economy focuses on the latest performance methods and approaches to inspire new thinking and approaches in your organization.

What you will learn from this report

The Finance Function: Global Solutions for Global Challenges contains a wide range of useful models, metrics, ideas and techniques that you can apply to your finance organization. Use the report to:

• Learn about the factors in selecting options for achieving lean efficiency - from technology to streamline service delivery, offshoring to shared services and outsourcing
• Use the in-depth analysis and advice in the Report to evaluate competing service delivery models against your corporate strategy to devise the best solution for your circumstance
• Discover how restructuring service delivery can ease credit-crunch pressures and improve long-term value to the business

Table of Contents

• Chapter 1 : Globalization: The Challenge for Finance
• Chapter 2 : The Six Capabilities of a World-Class Finance
• Chapter 3 : Masters Of The Flawless Delivery Of Transactional Processing Activities
• Chapter 4 : Masters Of Strategic And Business Partnering
• Chapter 5 : Custodians Of Corporate Performance Management
• Chapter 6 : Custodians Of Corporate Governance
• Chapter 7 : Masters Of Talent Management
• Chapter 8 : Masters Of Finance Performance Measurement
• Chapter 9 : Conclusions and Action Checklist
• Chapter 10 : Case Studies