Finance is about much more than just administering a company's figures. The finance areas have assumed a strategic and advisory role for various groups of stakeholders as well as for other lines of service. Ensuring appropriate controls and compliance with legal and regulatory requirements is one of the finance function's most important tasks. But the need for it to support management and boards of directors in managing the company is also highly significant which is why finance also has the task of ensuring effective and efficient operationalisation of the corporate strategy. CEOs, CFOs, CROs, controllers and treasurers thus face a broad spectrum of challenges. They have to ensure compliance and control, facilitate cost savings through efficient back office processes and make a major contribution to successful corporate management using their insight into the world of the company's figures.
Financial leadership in challenging times: Challenges and opportunities for today's CFOs
Today's chief financial officers (CFOs) face a complex and challenging business environment that requires tremendous business savvy. In this environment, innovation is an essential driver of excellence, and the finance department is no exception. But what form does innovation take in the office of the CFO?
Of further interest