Accounting insight 'more valuable' than cost counting

CIMA's survey, From Efficiency to Effectiveness: Transforming the Finance Delivery Mix, revealed finance professionals who consider their organisation "high performing" focus more on management support and are strong when it comes to transformed and collaborative finance functions.

By contrast, less successful respondents continued to place firm emphasis on traditional accounting operations.

Shantanu Ghosh, senior vice-president of Practices, Solutions and Transitions at report sponsor Genpact, said: "Many finance functions are evolving to provide more high-value insight and strategy rather than just focusing on accounting transactions and costs."

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