Finance professionals can become
more effective business partners. Rodger Hill and Ruth Svensson explain
how
The correlation between high-performing organisations and high-performing
finance functions is well proven, and the last 20 years have seen
finance make inroads into shifting its role to one of a value-adding
business partner.
While defining the role of a finance business partner can be
the subject of much debate, in its simplest sense finance business
partnering is turning information into business insight to drive shareholder
value. The precise role of a finance business partner will vary depending
on both the sector and the strategy of the individual business, and
as the following real-life example shows, there are many benefits
that can be realised.