Devise Finance Function: work closely with the investor relations, corporate finance, disclosure, legal Corporate Strategy and other teams.

More Uses of the Finance Function Toolkit:


• Be accountable for preventing and detecting fraud is all about identifying potential risks using existing trends and emerging technology to accelerate intelligent Decision Making and build more efficient Finance Functions.
  
  

• Ensure optimal use and adaptation of ERP / enabling technologies; owning the Technology Roadmap in partnership with Finance Stakeholders and IT.
  
  

• Support finance team in future financing efforts and M And A opportunities.
  
  

• Develop and establish Standard Operating Procedures across the Digital organization for managing project budgets and forecasts in accordance with guidelines provided by Finance and Accounting.
  
  

• Make sure that your corporation complies; this channel is serviced through a series of Account Management teams that the Partner Consulting team directly supports.
  
  

• Evaluate Finance Function: in collaboration with the finance team, work to set price and ongoing review of pricing to ensure fair margin share between thE Business and partner based on value delivered in the market.
  
  

• Oversee Finance Function: implement extensive Strategic Thinking, planning and execution to improve Internal Processes and working practices between sales, presales, services, product, legal and finance and drive greater Business Agility.
  
  

• Arrange that your organization serves as a liaison with Procurement and Finance regarding operational procedures, tracking and efficiencies with regard to Supply Chain Management.
  
  

• Be accountable for designing of finance technology architectures, finance Data Models that are part of Technology Modernization initiatives and benchmarking/standard industry practices.
  
  

• Guide Finance Function: act as strategic business partner to business leaders on key finance decisions, providing insight, independent perspective, support and oversight on all aspects of business.
  
  

• Coordinate the production and oversee the dissemination of knowledge materials relative to team areas of work.
  
  

• Be accountable for maintaining ready reference files on frequently consulted regulations, policies, directives, and other materials.
  
  

• Warrant that your organization provides direct support to Project Managers and Finance department on enterprise IT and project Budget Planning.
  
  

• Provide necessary training and coaching to ensure the finance team meets the evolving needs of the local finance team.
  
  

• Be proactive to anticipate scheduling problems, conflicts and other issues which lead to lower productivity for the CFO, other executives and the broader finance team.
  
  

• Guide Finance Function: communication with Business Finance leads.
  
  

• Secure that your project establishes finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, quality, and Customer Service strategies; designing systems; accumulating resources; resolving problems; implementing change.
  
  

• Systematize Finance Function: work closely with finance to assure budget is balanced and act as the approver for marketing related spending.
  
  

• Collaborate closely with Finance and Strategy stakeholders to develop accurate, scalable Data Reporting and drive analysis and insights for stakeholders and decision makers across your organization.
  
  

• Be accountable for reviewing technical deliverables throughout the Development Cycle to ensure quality and Requirements Traceability.
  
  

• Direct Finance Function: direct the dissemination of monthly management financial insights to thE Business and finance leadership.
  
  

• Confirm your enterprise ensures consistent Service Delivery in a consultative and solutions based capacity to all levels of staff with regard to financially related plans, policies, and procedures by the Finance Team.
  
  

• Ensure you meet; lead the team to collaborate with IT Finance to track actual versus expected cost and value for Project Teams and committed scope; for Agile projects, engage in Lean funding model rather than Project based funding or Cost Accounting.
  
  

• Manage the communications ecosystems, providing guidance, coaching, and feedback to indirect team members located in business segments as Finance (investor relations) Compliance (government relations), Marketing (lines of business) and People and Culture (employee communication).
  
  

• Support Due Diligence activities for project acquisitions and provide support throughout the finance and/or divestment process.
  
  

• Lead finance transformation engagements involving strategy, Operating model design and implementation support utilizing enterprise Resource Planning (ERP) and Decision Support technologies to enable transformation of Business Processes, the finance Operating model, technology, security and data.
  
  

• Audit Finance Function: partner with finance and procurement to ensure effective Budget Management, headcount management and forecasting.
  
  

• Make sure that your organization plans and conducts internal performance audits; develops standards for evaluating operations, preparing documentation, and providing training and guidance in implementing management planning and Control Systems.
  
  

• Be certain that your organization facilitates the customers Decision Making process and leads the implementation team with configuration, Functional Design documentation, and User Acceptance Testing and training with the customer.
  
  

• Ensure you maximize; lead finance technology Continuous Delivery team through process/application enhancements delivery utilizing a modified Kanban Agile Methodology.
  
  

• Be accountable for defining the long term direction and strategy for the function by using business knowledge to anticipate changing business direction and needs.
  
  

• Develop Finance Function: research organization programs and department to maintain current customer database information.
  
  


Save time, empower your teams and effectively upgrade your processes with access to this practical Finance Function Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any Finance Function related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Finance Function specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Finance Function Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 999 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which Finance Function improvements can be made.

Examples; 10 of the 999 standard requirements:


1. What is the right balance of time and resources between investigation, analysis, and discussion and dissemination?
   
   

2. What was the last experiment you ran?
   
   

3. Is it clear when you think of the day ahead of you what activities and tasks you need to complete?
   
   

4. Where is the cost?
   
   

5. What do you measure and why?
   
   

6. How do you govern and fulfill your societal responsibilities?
   
   

7. Do you know what you Need To Know about Finance Function?
   
   

8. How can auditing be a preventative security measure?
   
   

9. Does Finance Function systematically track and analyze outcomes for accountability and quality improvement?
   
   

10. How can the value of Finance Function be defined?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Finance Function book in PDF containing 994 requirements, which criteria correspond to the criteria in...


Your Finance Function self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Finance Function Self-Assessment and Scorecard you will develop a clear picture of which Finance Function areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Finance Function Self-Assessment

• Is secure: Ensures offline Data Protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Finance Function projects with the 62 implementation resources:


• 62 step-by-step Finance Function Project Management Form Templates covering over 1500 Finance Function project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?
   
   

2. Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?
   
   

3. Project Scope Statement: Will all Finance Function project issues be unconditionally tracked through the Issue Resolution process?
   
   

4. Closing Process Group: Did the Finance Function Project Team have enough people to execute the Finance Function Project Plan?
   
   

5. Source Selection Criteria: What are the guidelines regarding award without considerations?
   
   

6. Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed Finance Function Project Plan (variances)?
   
   

7. Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?
   
   

8. Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?
   
   

9. Procurement Audit: Was a formal review of tenders received undertaken?
   
   

10. Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?


 
Step-by-step and complete Finance Function Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Finance Function project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Finance Function Project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Finance Function project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Finance Function project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Finance Function project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Finance Function project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Finance Function project with this in-depth Finance Function Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Finance Function projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based Best Practice strategies aligned with overall goals

• Integrate recent advances in Finance Function and put Process Design strategies into practice according to Best Practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Finance Function investments work better.

This Finance Function All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.