Unlocking Potential: Finance effectiveness benchmark study 2013

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10/15/2013 by Advisory services
Unlocking Potential: Finance effectiveness benchmark study 2013

At a glance

Providing more for less, streamlining and reducing transactional costs, providing an effective control framework, and helping the business make the right decisions to improve business performance — we know all this. The challenge is in execution. PwC’s fifth annual benchmark report, which outlines the latest findings of our analysis of more than 200 companies, confirms that the leading finance teams are achieving results that are very different from the norm.

The challenge for finance has not fundamentally changed over the years. Providing more for less, streamlining and reducing transactional costs, providing an effective control framework, and helping the business make the right decisions to improve business performance — we know all this. The challenge is in execution. The PwC benchmark data confirm that the leading finance teams are achieving results that are very different from the norm. In this report, we focus on organizations that are achieving significant change and improvement.

In Unlocking Potential: Finance Benchmarking Study 2013, we draw together trends observed in the data, and identify practices that support top tier performance. The study also includes interviews with finance leaders in a number of organizations across industries, to explore what they are doing differently to make a difference, what they have been able to achieve as a result, and what they plan to do next.