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For Business Process Professionals

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November 18, 2008

Finance Transformation: A Practical Guide To Streamlining Finance Functions That Pay Off

by Scott Tiazkun

with Sharyn Leaver, Ralph Vitti

Average:
10 
(3 ratings)

This is an excerpt

Executive Summary

Finance transformation has helped companies achieve cost savings and process efficiency across multiple finance functions — especially those with global operations facing redundancy and undue complexity. Drivers for finance transformation extend beyond cost to include higher productivity, mitigation of reduced human capital resources, and better business decisions and analysis. But achieving total finance transformation often takes years and requires detailed planning and execution with the top talent that the enterprise can muster — a tall order for these difficult economic times. To quickly reap the benefits of financial transformation, finance professionals should start down a practical and cost-effective path that focuses on the highest-value areas and taps your best people.

TABLE OF CONTENTS

  • The Finance Maze Gets Trickier To Navigate
  • Finance Transformation Anchors A Total Finance Strategy
  • Measuring The Results Of Finance Transformation
  • Finance Transformation Focused On Consolidation Drives Big Results

RECOMMENDATIONS

  • Don't Boil The Ocean — Focus On Your Most Immediate Needs

ALTERNATIVE VIEW

  • When Urgency Is Driving Finance Functions
  • Supplemental Material
  • Related Research Documents

This is an excerpt

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