Finance Business Partnering

Finance Business Partnering

Finance Business Partnering is about transforming the finance function into a strategic sparring partner. At Basico, we help companies define, develop and implement Finance Business Partnering, making finance a driving force for growth and value. We create clear roadmaps, train employees and ensure that your finance function becomes a central player in the business' success.

From number crunchers to strategic partner

Finance Business Partnering is more than a role – it is a mindset that needs to be embedded throughout the entire finance function. It is about creating value by building bridges between finance and business, enabling the finance function, led by the CFO, to become an active player in the company's strategic decisions.

Through Finance Business Partnering, the CFO can build close relationships with business units and stakeholders. This creates a deeper understanding of business processes, challenges and goals, allowing the CFO to deliver more valuable financial insights and advice. 

When Finance Business Partnering is firmly established, your finance function can:

  • contribute with accurate forecasts, risk assessments and scenario analyses
  • create financial awareness and understanding throughout the organisation
  • transform from being a cost center to becoming a profit center that drives growth and innovation.

Finance Business Partnering strengthens your business

At Basico, we help you develop the right mindset to integrate Finance Business Partnering into your finance workflows. With our experience and structured approach, we ensure that Finance Business Partnering becomes a success – both for your employees and the business as a whole.

At Basico, we have extensive experience with Finance Business Partnering and can help you:

  • define the concept of Finance Business Partnering to fit your company's needs
  • develop a roadmap that combines strategic goals with individual development plans for employees
  • identify specific cases and train employees to translate theory into practice. We also ensure follow-up, so the concept becomes a success.

Overcome the barriers and create results 

Many companies experience challenges implementing Finance Business Partnering. This is often because:

  • the concept is not clearly defined
  • there is no clear plan for success and progress
  • the necessary time to work in a value-creating way is not prioritised.

As a CFO, you need to create time and space for the finance function to actively work with Finance Business Partnering. Otherwise, the transition from number crunchers to value creators can never take place. We help you overcome these barriers and create a finance function that delivers value across the organisation.

Saadan Realiserer Du Dit Potentiale

Would you like to read more about Business Partnering?

Read our articles here
Case Jeudan
Blog
From number crunchers to business partners!
The history of the real-estate and service company Jeudan goes back more than 120 years, and it will continue for many years to come if Finance has any say in the matter. In this article, Heidi Madsen, Deputy Director Finance, and Peter Sichelkow Meincke, Head of Finance Development, give an account of the transformation initiated by Jeudan.
Read the Jeudan case here
Finance Compliance
Financial Controlling & Compliance

Financial Controlling & Compliance

We can help you with most areas related to finance compliance; from quality assurance of book-keeping to compliance with the reporting requirements applicable to listed companies, from risk assessments to design and implementation of internal controls, and much more.

Sparring about finance compliance?
Finansiel Planlaegning System
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Financial planning: How to systematise it!
In uncertain times, you must act quickly. But if you are stuck with spreadsheets, manual processes, and outdated technology, your ability to respond is limited. Especially, in changeable settings. That's why this article gives you four good reasons to invest in a modern planning tool and to establish you FP&A team as a trusted advisor.
Learn more about 'Financial Planning'!

Want to discuss your options?

Henrik Dahlgaard
Henrik Dahlgaard, Senior Partner
Contact us