In search of finance excellence

✍ Scribed by Thomas Wunder; Michael Mueller

• Book ID: 102297491
• Publisher: John Wiley and Sons
• Year: 2008
• Tongue: English
• Weight: 476 KB
• Volume: 19
• Category: Article
• ISSN: 1044-8136
• DOI: 10.1002/jcaf.20384

✦ Synopsis

Abstract

In recent years, CFOs have been asked to improve efficiency and competitive cost structures within the Finance department, while simultaneously meeting the growing demands of the company's operations. This occurs, of course, while CFOs have also had to face additional external scrutiny and compliance requirements. Together, these developments place themes like “finance excellence” or “finance transformation” at the top of the CFO's agenda. In many cases, the result is a comprehensive reorientation of the entire Finance organization with significant performance improvements in both Finance and the entire company. © 2008 Wiley Periodicals, Inc.