Finance Function Effectiveness Reviews
Introducing Thinking Finance®
Thinking Finance® gives you insight into the Finance Function’s impact on the organisation and helps you to assess how well Finance is performing against globally recognised standards.
The Finance Function reporting you need
The Finance Function is key to performance and governance. Whatever the organisation, making sure that the financial resources are available and properly utilised is a core strategic need.
But in many cases, Finance does not always meet the needs of the business or the Board, so it makes sense to evaluate its performance. That’s what Thinking Finance® helps you to do.
It gives you – the Board, the audit committee, the executives and management – confidence that Finance is working well.
Actionable insight across Finance customers
The Thinking Finance® questionnaire platform allows you to find out what its customers and stakeholders think of Finance by actively and continuously using the tool to assess management accounting performance.
It can be used on a standalone basis for a full self-assessment or as an externally-facilitated Finance Function review.
Built on globally recognised GMAP Principles
Use Thinking Finance® to understand the strengths and weaknesses of your Finance Function in fourteen core practice areas, as defined by Global Management Accounting Principles (GMAPs) from AICPA & CIMA.
Along with the Finance Function’s stakeholders, you can compare Finance against globally accepted standards of good practice.
Then you can measure effectiveness against baseline activities year on year.
The Finance Function insight your leadership needs
By getting the “customer view”, we help boards and CFOs understand how well financial management is working to meet the needs of the organisation.
With our help, CFOs can be confident that their financial management and governance is sound, and we can work with them to make sure that financial management is having the right impact on the organisation.
And the insight from the review helps provide assurance to audit committees on the effectiveness of financial management.