Creating added value and identifying opportunities to improve the financial performance of a company is one of the main goals of the finance department today. The shift from traditional support functions in the role of key partner allows the finance department to minimise the time spent processing standard transactional information and reporting, and also the pursuit of activities with higher value added, such as support for management decision-making processes, security, business rules and financial discipline. Despite the important role of the financial sector in the company, the financial director faces increasing pressure for higher efficiency of the functioning of the body while maintaining the requirements for efficient and flexible financial management.
Savings in the departments of finance arise mostly from the elimination of redundant activities, consolidation of activities (e.g. through the creation of shared service centres) and the standardisation and automation of processes. The organisation's financial directors oversee the effectiveness of planning, forecasting and investment management. In these areas, we can help you achieve more than 50% cost savings.
How we can help
© 2017 - Sun Apr 23 21:41:20 EDT 2017 PwC. © 2017-2018 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.