Chief Financial Officers need to build a high performing, value-adding finance function that balances three key objectives – maintain control, drive efficiency, and provide insights.
Issue and challenges
Is finance engaged with the business units in driving product, service, sales and other planning investment and profitability modelling?
Does your organization have balanced scorecard measures that have a direct link to operational measures that show achievement of department and organizational objectives?
Is your finance function organized to focus around the three areas of value for the business insight, efficiency and control?
Are you satisfied that your organization’s financial risk management works in substance rather than in form and in a manner whereby risk is continually evaluated for all changes in business circumstances?
How we can help
Assist in finance visioning and assessment that includes finance effectiveness benchmarking and diagnostics and in preparation of business cases for transformation change
Development of an integrated performance management framework and a profitability and cost management framework
Improve financial and performance management through integration of people, processes, information and the right set of technology
Finance process re-engineering utilizing PwC’s TransformTM methodology
Implement Finance shared services, or help you select the right outsourcing provider
Align business growth, governance and compliance outcomes in financial operations through understanding of stakeholder expectations and business objectives
Your benefits
A decision support structure that is integral to organizational strategy – revenue growth, effective allocation of capital and cost control
A highly efficient finance function that maximizes synergies within the organization through standardization and simplification
Effective reporting and a control environment that meets external regulations
Standardized, simplified and integrated systems and processes
Greater transparency and quality of management information and analysis
Optimized organization structures, including the use of shared services and outsourcing