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ARTICLE · 05 OCTOBER 2012

Re-Energizing Finance: The Organization Challenge

Like many other parts of companies, finance organizations haven’t been spared recent belt-tightening.

CanadaStrategy

Article by Kishan Dial

Like many other parts of companies, finance organizations haven't been spared recent belt-tightening. They've been trimmed down and streamlined, and in many cases, are shadows of their former selves. Doing more with less has become a new mantra. Yet whatever the size of their teams, the onus is on CFOs today to leverage every part of the finance organization to deliver value beyond traditional transaction processing and control. PwC and faculty at Wharton share insight on how top finance organizations can rise to the challenge.

While few balance sheets have been left unscathed by the Great Recession, some finance organizations have come to the fore—aiding their companies with forward-looking business insight that helped them ride out the toughest stages of the downturn, or even take advantage of it and grow. That was the case of Cox Communications. In 2008, shortly before the economic downturn, the Atlanta-based broadband communications

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