Building a Best-Run Finance Organization
|March 19 2011|
There is a company executive with a growing influence in today’s boardroom – the chief financial officer. And the role of the finance organizations that these executives lead is expanding as well.
From increasingly stringent compliance regulations to the expanding adoption of international financial reporting standards, today’s focus is on companies’ financial accountability and internal controls. Executives in all industries recognize that individual business activities do not occur in a vacuum. All functions – sales, marketing, manufacturing, service, even human resources – affect not only the bottom line but also a company’s financial integrity.
Increasingly, prudent companies are drawing their finance organizations into greater collaboration with the operational aspects of the enterprise. In addition, financial officers are taking on a more prominent role in defining company strategy.
This SAP Executive Insight examines the changing role of the finance organization in today’s business environment. Further, by answering the following questions, it describes how companies can develop best-run finance
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This SAP Executive Insight examines the changing role of the finance organization in today's business environment – and describes how companies can develop best-run finance organizations.
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THE ROAD AHEAD
There is little doubt that today’s CFOs are changing the focus of their organizations and, as a result, influence business operations far beyond the traditional boundaries of finance.
SAP industry experts and the value engineering (VE) team can help your company build a best-run finance organization. These experts provide support throughout the value lifecycle, from developing business cases to sharing knowledge on how to maximize the value of SAP solutions to support end-to-end financial processes: ...
|Last Updated ( March 19 2011 )|
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