Striking a Balance: Can finance departments be cost-effective and smart at the same time?

From: CFO.com (CFO Magazine)
By: Don Durfee

In the decade-long marathon known as "finance transformation," CFOs have been chasing two goals. One is efficiency: the routine work of finance — from paying vendors to making reconciliations — should be done centrally and cheaply. The other is business analysis: the finance professionals who work in the business units ought to spend their time helping managers think about how to make money. When a company attains both goals, the results can be spectacular.

Striking a Balance