Maximization of the Finance function through Business Partnering

Article

Maximization of the Finance function through Business Partnering

Executive Summary

The Finance function needs to evolve

The finance function (Finance) stands at the crossfire of both internal and external challenges. External challenges are best described by the pursuit of efficiency and the related chase for cost reduction in the wake of the financial crisis in 2008. In parallel, internal challenges for Finance have increased due to various reasons such as the increasing need for faster financial reporting production coupled with a limited quality of data and the need for centralized, clientcentric service models to respond to cost reduction as well as general efficiency and control pressures. These challenges lead to increasing pressures on Finance to create a high-performing business culture, while the function also experiences higher demands from the business to drive performance with increased focus on strategic advice and business insights.

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Inside magazine issue 9, June 2015

Inside is Deloitte’s quarterly magazine offering an exclusive insight into best practices, trends and opportunities faced by our clients across all industries.

Inside focuses on the main hot topics relevant for the market (Asset management, Banking, Insurance, Public sector, Healthcare, Private equity, Real estate, TMT, Manufacturing and consumer business, Transport and logistics).

PDF - 5.1mb
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