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Item Details
Title: TRANSFORMING THE FINANCE FUNCTION
ADDING COMPANY WIDE VALUE IN A TECHNOLOGY-BASED ENVIRONMENT
By: Margaret May
Format: Paperback

List price: £100.00


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ISBN 10: 027365666X
ISBN 13: 9780273656661
Publisher: PEARSON EDUCATION LIMITED
Pub. date: 18 April, 2002
Edition: 2nd edition
Series: MB Executive
Pages: 224
Description: Essential reading for all Finance Directors,this bestselling briefing - now fully revised in a new edition - provides you with a complete toolkit to shift the role of the finance function from corporate scorekeeper to value generator.
Synopsis: "By the year 2005, the finance function as we know it will have changed almost beyond recognition. Transaction processing will be simplified, standardised, routine streamlined and automated. That's 60% of finance's current responsibilities about to disappear."Gregory Hackett, Co-Founder of the US-based Hackett GroupThe days of the traditional number-crunching finance department are numbered. Increasingly, world class companies are demanding that their finance function add positive value instead of draining revenue. Transaction processing and control account for 84% of their total activities. The function is not only spending little time on value-creating activities such as decision support and future planning, but it is also consuming a significant proportion of company's revenues.To rise to the challenge, finance departments must completely transform their activities. But how?Essential reading for all Finance Directors,this bestselling briefing - now fully revised in a new edition - provides you with a complete toolkit to shift the role of the finance function from corporate scorekeeper to value generator. You will gain a thorough understanding of the extensive range of new techniques needed to fulfil this role and ensure that your finance department is central to your company's future success.New to this edition:new analysis of IT, shared service centres and outsourcing, balanced scorecard, shareholder value, beyond budgeting, best value new case studiesContents:IntroductionPART 1 THE TWENTY-FIRST-CENTURY FINANCE FUNCTIONFinance in the twenty-first-century organization The process of transforming the finance functionPART 2 THE TECHNOLOGY-DRIVEN FINANCE FUNCTIONShared service centres Outsourcing Information management delivering business intelligencePART 3 VALUE-BASED MANAGEMENTDelivering shareholder value/best value Valuing intangible assets/intellectual capitalPART 4 BEYOND TRADITIONAL BUDGETINGScenario planning, forecasting and resource allocation The balanced scorecard BenchmarkingPART 5 EXECUTIVE SUMMARY
Publication: UK
Imprint: Financial Times Prentice Hall
Returns: Non-returnable
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