The journey of the Finance function toward full strategic
corporate partnership remains slow. The question is, why? For their
part, Chief Financial Officers (CFOs) continue to promote the value
of a Finance function that transcends the traditional roles of
bookkeeper and data gatherer. Moreover, top-performing companies
understand the value this type of predictive reporting can
provide—to track trends and opportunities, support
financial and business decision making and, ultimately, drive
business performance. A Finance function that delivers
business-aligned information and analysis that effectively
contributes to executive strategy is becoming increasingly
critical. Businesses should be able to derive that value from
within rather than spending time and resources on outside
analytical support. In fact, in a recent survey of 443 senior
Finance executives worldwide, the majority of Canadian
respondents—even more than their global
counterparts—said their Finance group