10.7. Goals of the Finance Organization
Key objectives of a finance organization can include the following:
Effect enterprise planning
Implement systems/tools to provide data accurately and transparently to internal stakeholders and enable efficient processing of transactions
Deliver accurate and timely reports for internal and external stakeholders
Effect financial controls and compliance
Monitor and measure performance
Provide value-added, risk-based analytics
To achieve these goals, the finance organization should have the right people, the right processes, and the right technologies in place. This is all brought about by governance. Good governance creates the environment and structure to manage the right people and processes. This can be achieved ...
Get Under Control: Governance Across the Enterprise now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.