Business Intelligence Center

You are here: Home : White Papers : Banking & Capital Markets : Abstract

Linking Finance Strategy and Execution in Financial Institutions

Sponsored By Axiom EPM

Banking & Capital Markets
Finance & Risk Management

View White Paper Now

Free registration is required

Managing in uncertain times is becoming the norm for financial institutions. As industry reform and increased competitive pressures continue to squeeze already tight margins, the ability to effectively define, communicate and align the organization around strategy is becoming a business imperative. The process is no longer a simple financial forecasting exercise; instead, strategy execution is a process that is evolving into a more integrated financial and operational planning activity that touches the entire organization. In this paradigm where strategic plans are increasingly based on their financial impact, the role of Finance is quickly evolving from a back-office function to a more strategic advisory role. At the same time Finance is being asked to be more agile and responsive to organization needs, the forecasting and planning models are becoming more complex and sophisticated. This paper explores how these increased demands are acting as a catalyst for organizations to (re)evaluate their existing financial management processes and to implement frameworks and tools that support and align business to support 3 critical areas: Strategy Formulation, Strategy Alignment, and Performance Monitoring
Sponsored by:
Released: October 11, 2013
Length: 8 pages
Format: PDF (886 kb)
These white papers are not created by the editorial staff. In order to view these papers, you must register with and agree to share your contact information with related product/service companies.

Search White Papers