Scale growth through Finance Transformation

What is the Finance Function SelfAssess Tool?

Using your responses, the Finance Function SelfAssess Tool will evaluate your organization’s capabilities and identify specific areas that may benefit from improvement, such as strategy, technology, and operating models. In approximately 30 minutes, complete the assessment to better equip your company to navigate an ever-changing environment. It’s free, easy to use, and you’ll receive a preliminary online assessment right away and a more detailed maturity assessment within four business days.

Advance your finance organization with Finance Function SelfAssess

Rapid growth and emerging technologies such as AI present opportunities to finance organizations, but they often come with challenges too. Companies should have a strong grasp of their finance function’s maturity to navigate this constantly changing landscape. A maturity assessment can advise you proactively manage technology advancements, organizational changes, and resources. Aim for a finance transformation that could potentially fortify compliance, handle data, and support growth.

The Finance Function SelfAssess Tool focuses on the following important areas:

• Finance Strategy – Sets vision and success criteria; drives stakeholder alignment.
• Controllership – Streamlines quick finance closes and promotes reliable reporting.
• Global Statutory Reporting – Effective global reporting drives cost-efficient compliance, balancing resources with the goal of timely, accurate reporting.
• Technology Strategy – Supports cross-functional initiatives aligned with organizational goals.
• Financial Planning and Analysis – Drives the transition to predictive insights; enhances business understanding.
• Operational Finance – A resilient finance domain enables automated processes, real-time visibility, and scalability.
• Internal Audit – Helps meet requirements, proactively identifies risk, streamlines compliance, and adds value.
• Treasury – Secures funding; manages liquidity, FX, interest rates, and commodity risks.
• Tax – A solid domain provides insights to optimize tax benefits and mitigate risks.
• Investor Relations – Prepares senior management for impactful investor communications and helps support appropriate valuation for financing.

Who can use the Finance Function SelfAssess Tool?

Leaders who are seeking to transform or modernize their finance functions and gain a comprehensive understanding of the current state, so they can confidently plan for the future.

The tool equips you with the means to perform an objective self-assessment, measure your finance functions' maturity and provides direction for enhancement. After completing the assessment, you'll receive results highlighting strengths, areas for enhancement, leading practices with commentary, and common pitfalls to avoid.

Evaluate to elevate

Finance Function SelfAssess offers an easy and efficient way to evaluate your finance maturity to scale for growth and to keep up with emerging technologies. The results derived from the assessment can assist in preparing for the future, starting today, by providing you the insights to effectively plan your finance transformation roadmap. Contact a Deloitte professional for more information.