Finance Transformation

The challenges for CFOs are becoming increasingly complex and interdisciplinary. There is often a lack of time and expertise in day-to-day business to initiate sustainable changes and launch concrete measures. As a long-standing and trustworthy sparring partner of CFOs, FTI-Andersch jointly defines and implements the future design of finance functions.

Overview

The responsibilities of CFOs are undergoing a structural change. In addition to securing a sustainably successful business model and financial stability, CFOs want to further develop their companies by automating processes and establishing digital solutions, among other things. At the same time, the requirements for sustainable corporate governance, early risk detection and reporting are increasing. CFOs must therefore establish the finance function in the company as a strategic business partner and drive its transformation using a structured CFO agenda.

The first starting point for an individual CFO agenda is the joint determination of the status quo and the identification of needs for action. Based on this, we develop the desired target image together with CFOs and derive the necessary measures. We accompany their implementation as an active sparring partner and ensure focused change processes. In addition, we support CFOs temporarily or situationally in day-to-day operations, such as cash management or business planning.

Finance transformation requires not only experience and competence in financial, but also legal and digital topics. Interdisciplinary experts from FTI-Andersch can draw on many years of tried and tested approaches in conception and implementation. With the support of our global FTI consulting network, we are also able to master international and complex transformation projects.

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Questions for the team

When is a CFO agenda useful?

With the structured stocktaking and the development of the CFO agenda, weaknesses in the CFO's areas of activity are identified. Often there is a certain "operational blindness" due to historically grown processes and structures. The assessment by FTI-Andersch leads to new perspectives and approaches. Often there is also a lack of human resources to implement certain topics - or the willingness to implement new approaches in the company. We help CFOs to develop their agenda, to implement it pragmatically and to create the necessary acceptance among the workforce.

What added value results from a CFO agenda?

The CFO agenda first creates comprehensive transparency regarding the individual opportunities and challenges in the finance function. With regard to the identified improvement measures, CFOs receive careful and comprehensible bases for decision-making. The implementation of the Finance Transformation takes place based on individual solutions with support from our experienced experts.

Are interim solutions possible in addition to external consulting?

Yes, we can also provide interim support for a temporary period. Such tasks are taken on by colleagues from our management with relevant consulting experience of at least ten years and field-tested competences in the relevant finance functions such as controlling, accounting and treasury. We can also provide temporary or situational support to CFOs in their day-to-day operations.

How we help our clients

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