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Financial Insights

 

Companies must simplify and consolidate their global finance operations

Leading CFOs interviewed for this research report are reorganising and centralising their finance functions to help create a single view of finance across the company. Instead of having multiple country CFO’s acting with a high degree of autonomy, companies are empowering Group CFOs to take command of the global organisation. Regulations such as Sarbanes-Oxley have accelerated this trend, as companies strive to impose standardised, high-quality processes and controls throughout the business.

Content source:  EIU

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