Transforming the Finance Function
This course is designed to guide you through the different ways that finance functions are being transformed in the modern business environment. We also examine how organisations as a whole are becoming more interconnected through partnering with other entities. By exploring the models and topics provided, you can work to become a more proficient finance business partner and create more value for an organisation.
Provides 12 hours of CPD
What you’ll learn:
- Mintzberg’s Organisational Components – a model that demonstrates the five key areas of a business that contribute to its success and the importance of each in different types of organisations
- The fundamentals of outsourcing, including transaction cost theory, so that you can determine when it would be beneficial to contract out a particular business operation to an external organisation
- An overview of different types of alliances an organisation can form with other organisations in order to grow quickly and cheaply
- Key elements of strategic partnering and business partnering that help finance professionals to generate more useful insights and create stronger relationships across an organisation
- Skills required to be an effective strategic leader of the finance function and work successfully alongside the CEO to formulate strategy, creating greater value for the organisation
- How technology impacts finance professionals, using the ‘information to impact’ framework to illustrate how technology presents both threats and opportunities for those working in finance
- An introduction to digital centres of excellence (DCoE) and how these can bring together expertise and technology to achieve a specific organisational objective
- How the finance function can be transformed through reconfiguration, business process re-engineering and relocation to become more efficient and effective
- Common causes of conflict in the finance function that finance professionals and organisations need to be aware of to avoid delay and damaged relationships
Alongside all of this, we’ve provided practical workbook exercises so that you can apply all that you learn to your role as a finance professional. With all of this, you can become more adaptable, ready to grasp the opportunities presented by technology and the changing modern business environment!
What’s included in the course?
- Thoroughly explores the concepts, theories and models for this topic
- The content is professionally explained by our expert tutors alongside a visual presentation
- Come with downloadable audio files so you can listen to the content offline and on the go
- Full coverage of the video content using engaging and easy-to-follow language
- A range of examples to show you how these concepts might apply to real-life situations, e.g. in finance
- A practical exercise for each module based on the subject’s application in a finance team
- A series of exercises purpose-written for the course
- Designed to get you to apply what you’ve learned to yourself and to your own organisation
- Can be used as a basis to make suggestions or improvements in your team or organisation
- The visual presentation from the video can be accessed for note-taking and for browsing alongside the video or audio download
- Can be viewed as still slides or in an interactive format to move around the screen
Purchasing the course
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Astranti CPD Course:
Transforming the Finance Function
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