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"If the basics don’t work, the organisation’s ability to manage its finances, maximise profits and deliver sound financial accounts is at risk."
SIMON TENNANT, PA’S HEAD OF GLOBAL FINANCE TRANSFORMATION
As pressure continues to increase on today’s finance functions, CFO’s now have to work smarter to help their organisations achieve and maintain a competitive advantage. PA Consulting Group are often asked how to gauge the effectiveness of a finance function. To help answer this question we have produced some ‘rules of thumb’ for finance which offer a brief insight into some of the issues facing finance functions such as the cost of the function through to use of technology and sourcing arrangements. Using these simple guides should enable finance to better understand its current performance and how it may enhance its contribution to the organisation’s bottom line.
To make a real difference to the effectiveness of your finance function please contact us for a copy of our 'rules of thumb'.