Previous facts...
Management expectations of finance are changing, and finance is being called on to play an increasingly active role in the formulation of strategy. Delivering effective business insight is critical to being able to help define this direction.
more than 80% of organisations are dissatisfied with the quality of Management Information*.
Effective management information (MI) is the cornerstone of business performance management and governance, both in terms of risk management and planning for growth, and in solid decision-making.
...only 11% of finance functions regard themselves as true business partners*.
The finance function has come to a crossroads. In today's tough economic climate, CFOs are being called upon to provide more advice to the business, while enhancing the cost-effectiveness of performance analysis, reporting and transactional management.
