Assessing the Maturity of Your Finance Function: A Three-Stage Model

The video discusses the current state of finance functions and introduces a three-stage maturity model to assess and improve them. The model includes three levels: Compliance, Center of Excellence, and World Class Finance. Each level represents a different stage of maturity, from basic compliance to strategic value creation. The video also provides insights into how finance teams can transition between these levels and the benefits of doing so.

What are the common perceptions of finance functions at level one?

In what ways does a level two finance function provide value to the organization?

What are the potential outcomes for finance functions that remain at level one?

How can finance functions move from level one to level two?