We are pleased to present the CFO Report 2013, an independent study on the progress that companies in the Netherlands and other countries across Europe have made in developing finance business partnerships.
Focused in the past on daily accounting tasks, finance executives are increasingly being asked to collaborate with other parts of the business through finance business partnering, whereby the finance function provides support for strategy development and decision-making across the whole business. This expanded role infuses greater rigour into a company. But it requires a different set of skills from those traditionally deployed in a finance department, and these can be challenging to find or develop.
This report examines the progress that companies in the Netherlands and other countries across Europe have made in developing finance business partnerships, and the problems faced in embedding such partnerships within the organisation. This paper focuses primarily on the responses and insights from companies in the Netherlands, but also compares these findings where relevant with those from other European countries.
of Dutch executives are trying to step up and assume more influence between finance and other parts of the business.
of Dutch executives believe economic uncertainty increases the chances for finance professionals to step up.