CFOs and finance functions cannot position themselves to drive organisation wide cost effectiveness with credibility unless they have set the example themselves.
They must set high the bar in providing more valuable service for less cost – for cost efficiency and effectiveness, underpinned by clarity of finance roles, the use of best practice organisation models such as shared services, and best practice processes and systems.
Finance is then well positioned to drive cost reduction across end to end processes and ensure optimised cost management.
Supporting CFOs to assess the cost of finance and negotiating better financing terms and costs for the existing facilities, thereby deriving tangible cost benefits to the clients.
Your finance vision will become a reality, realising financial value from process improvement initiatives.