Finance at the crossroads: The changing role of finance in government and the public sector |
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Finance at the crossroads: The changing role of finance in government and the public sector
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May 2009
Finance functions in government and the public sector face one common and pervasive challenge – balancing competing demands of finance efficiency, compliance and control, and insight. In any organisation, Finance must juggle with running efficiently, demonstrating value for money while establishing and maintaining effective controls to manage risk, and delivering real insight to the business.
The findings demonstrate that Finance in the sector is at a crossroads and faces significant challenges. The current economic climate means that now more than ever Finance must speak up – and be listened to. However, a place at the top table will only be earned when Finance is seen not simply as a scorekeeper but as a business partner, adding value across government and the public sector.
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