Historically, the finance professional has been seen as the ‘keeper’ of the organization’s most valuable assets, but in the new knowledge-era, where many of the assets are no longer tangible, and many processes now automated, this role is under threat. Finance now faces the challenge of re-positioning itself as a value-adding business partner to the organization and driver of corporate strategy and new management systems.

This groundbreaking report reveals how top finance professionals are doing just this through implementing management techniques such as activity-based management, value-based management, financial shared services centres, e-commerce strategy implementation and intellectual capital development. Crucially, the report places these skills within the framework of a Balanced Scorecard, both organization-wide and specific to the finance function.

The Finance Scorecard report is a key resource for any finance professional considering their future value to the organization. It also provides senior management with the knowledge and best-practice examples of how they should be developing their finance function to be the key force in driving the corporate strategy.

Building and Developing a Finance Scorecard features:

• Ten in-depth case studies, and many more case reports from leading international organizations, including Diageo, The Royal Bank of Scotland, Tate & Lyle, Elf Oil UK, Skandia and Nestlé, illustrating how their finance function's have implemented new management systems to respond to the ever-changing business climate.
• Results and analysis of an exclusively commissioned in-depth research survey of current finance management practice, based on 90 top finance professionals from a diverse cross section of industries.
• Two templates detailing step-by-step processes required to plan, develop and implement a Finance Scorecard.
• Details of skills and knowledge required to become a value-added business partner and to be integral in the development and execution of organizational strategy.