November 2008

Knowing what you have to do to get to where you want to depends on where you stand today, and being among the best means knowing how you compare.

The PwC Finance Benchmark helps in three important ways:

• it provides a baseline against which to measure progress
• it compares your internal businesses/divisions
• it compares you to your peers and tells you what the most successful finance functions are doing in organisations like yours.

Why PwC?

• Our benchmarking tool has practicality at its heart – the number of measures is based on strategic relevance and getting the balance right between insight and practicality. 
• There is value-add to the data by including industry experts to bring ‘real world’ context to build a practical, achievable roadmap.
• The dataset is more up-to-date than any other provider and is refreshed annually. 
• Our ‘Making Change Stick’ approach focuses on four key success factors: taking the right change approach, clearly outlining, measuring and tracking business benefits, focusing on sustainability and the engagement and involving people throughout the change process.
• We use a single, simple framework – the finance triangle – to help a client through a journey of continuous improvement; from initial benchmark, to strategy based around the features of high performing finance function, through to implementation.