How to free up time for finance business partnering
“We’ve restructured our Finance organisation but we’re still not adding any more value to the business” I can’t tell you how many times I hear this from Finance Directors who’ve been through a Finance Transformation. Finance typically creates a new ‘Target Operating...
Finance should drive decisions, not just provide insight
What really is the purpose of Finance business partnering? I’ve been testing this question in recent months by asking all the CFOs and FDs I meet through our consulting work. The most common answer I get is “To provide ‘Insight’ to the business from the information we...
Is that a Monkey on your Back?
“I need some more details before I can make a decision.” As a Finance professional, how often have you heard this from one of your business colleagues? I’m going to guess pretty frequently. One of the biggest complaints I hear from finance business partners is that...
Do your Finance teams write Escalator Commentary?
Does the commentary in your finance performance reports sound like “sales are down x% and costs are up y%”? If so, then your Finance teams are writing ‘Escalator Commentary’. Many management accountants become obsessed with the need to write some sort of commentary on...Free Best Practice Report on Finance Business Partnering
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