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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.
Would you like to read more about Business Partnering?
Read our articles here
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.
Want to discuss your options?
