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For Business Process Professionals

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February 13, 2009

Choosing The Best Fit Finance Transformation Providers For Your Enterprise

by Paul D. Hamerman

with Scott Tiazkun, Kyle McNabb, Ralph Vitti

Average:
10 
(3 ratings)

This is an excerpt

Executive Summary

A successful finance transformation provides a framework to improve finance functions and business efficiency but also overall enterprise performance. Even though enterprises must take ownership of a financial transformation project, the process of finance transformation involves internal process assessments that are best judged and executed with an external and unbiased partner. No matter the partner chosen, Forrester recommends insisting on the use of benchmarks as an integral part of the finance transformation project. Benchmarks provide enterprises with an invaluable tool that can quickly and concretely determine the efficiency of the organization, post-project, and the efficacy of the transformation project.

TABLE OF CONTENTS

  • Finance Transformation Turns Concepts Into Daily Process Improvement
  • Finance Transformation Vendors Play To Their Strengths
  • Benchmarking Provides Measurable Value For Finance
  • Measuring Success Of The Finance Transformation
  • Keeping Finance Transformation From Falling Flat On Its Face

RECOMMENDATIONS

  • When Choosing The Best Finance Fit, Keep The Following In Mind

WHAT IT MEANS

  • Finance Transformation Is All About Process Change And Improvement
  • Supplemental Material
  • Related Research Documents

This is an excerpt

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