5 Financial Indicators Your Company May Need A Finance Transformation
The definition of a Finance Transformation varies across companies and industries. It can loosely be defined as a strategic initiative aimed at fundamentally changing how the Finance Function operates to achieve a significant improvement from current performance. The general goal of Finance Transformation is to align Finance with overall company strategy, to become more efficient, effective and provide better service to internal customers and external stakeholders. The economic benefits of executing a Finance Transformation can include increased operational leverage, greater insight into business operations and enhanced customer interactions.