Strategies for More Efficient and Effective Spending on Finance

The total cost of the finance function is a measure that every CFO should have on their radar as they look for ways to continuously improve and enable growth for their companies. Calculating this measure as a percentage of revenue makes it possible for any organization to benchmark against peers and competitors regardless of their size.

This article discusses how four key drivers that can potentially raise the efficiency and effectiveness of the finance function: the right structures, processes, technology, and people can all have a demonstrable impact on the ability of finance to drive better results for the business.