The role of the CFO: Balancing internal and external requirements
White Paper by PWC
Abstract
Due to the changes and innovations of modern business, the role of CFOs has become more complex than ever before. In order to address the ongoing internal and external demands, executives and operational management must work together to create common guidelines, processes and standards to ensure a common vision of the entire process and establish a joint strategy. These synergies combined with the supervision of a proactive management can drive benefits throughout the entire organization.
Table of Contents
- The role of the CFO
- Balancing internal and external requirements
- Growing need for flexible forecasting and timely reporting
- Coping with complexity and compliance
- The challenges for public companies
- Growing requirements
- How software can help
- The levels of reporting integration
- Organizational integration: increasing collaboration across business functions
- The role of IT
- Conclusions
