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ARTICLE · 19 MAY 2011

Special Report from KPMG - A Seat At The table: Transforming The Finance Function

The journey of the Finance function toward full strategic corporate partnership remains slow.

CanadaCorporate/Commercial Law
The Financial Management Advisory Group
The Financial Management Advisory Group

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

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