Jul 29, 2021

The Evolving Role of the Finance Business Partner

The Evolving Role of the Finance Business Partner

The finance function has changed massively over the years; even just the last 5 years has seen significant evolutionary changes.

Historically, finance tasks were achieved in order to meet legislative requirements, such as filing of accounts or paying invoices.

Fast forward to today, the finance function has a new responsibility: to help the business meet its extended goals by providing support through data analysis, forecasting and business partnering.

One reason for this change of the finance function is, as new powerful tools and technology emerge, we’re able to apply broader skills to deliver strategic objectives.

And so, finance business partners have found that their responsibilities have merged into IT and risk management.

But, the overall reason for the continued change of the financial function goes a bit deeper.


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