Hiten Keshave, CFO at PRP Solution in Johannesburg, talks with CFO.University about the challenges he faced and triumphs he realized in an amazing finance transformation journey he undertook at PRP over the last two years. His practical insight and proven outcomes will help you develop the map for your finance transformation. Click on Read More… below to view the video. Learn more about Hiten here.
This is our fourth and last article of the four-part series. So far, we have discussed the birth of Next Generation Finance, the Roadmap to implement an analytics culture, and the Mindset aspirations to decision making. In this article, we conclude bytaking the temperature on where Finance is on its journey towards becoming world class Strategic Partners.
In this, the third of four articles, we shall do a deeper exploration of the Mindset which is one of the four components in the analytics culture described in the second article (Mindset, People, Process, Systems). Mindset is the “start button” for how toadvance towards a world class strategic partner, meaning without the right Mindset don’t even thinking about a world classaspiration.
This is the second of four articles describing the Finance journey towards becoming a world class strategic partner. In this article we describe the Roadmap for implementing an analytics culture that enables business leaders to take data drivendecisions.
Much has been written about improving Finance business partnering and how Finance should move from the trusted scorekeeper in the back office to a front-line strategic partner. Finance wants and needs to have a seat-at-the-table for strategic and operational decisions. To get there requires a disciplined, step by step journey that is benchmarked along the way to assure focus and prove attainment.
This is the first of four articles unfolding the Finance journey towards World Class Strategic Partnering. Here we begin to build the framework to transition from today’s rear facing Finance, to tomorrows forward-looking Next Generation Finance.
For many years Finance has had a monopoly on reporting numbers to business leaders, but this monopoly no longer exists. In the digital world, data flows everywhere in the business and Finance needs to collaborate and build relationships to gain access to all that data.
