As a financial executive, accurate and timely financial information is critical to enable a well-informed decision-making process. CFOs, treasurers and other financial leaders have the power to create a more reliable, efficient financial management and reporting practice while also improving employee engagement and business partnership capabilities.

And while the status quo may be comfortable, doing things “the way we’ve always been doing them” can put your business at a strategic disadvantage. What is the risk of not acting? Leaders must identify the pitfalls and potential impact of current practices and related controls. In this infographic, we highlight:

• Answers to fundamental questions, like “What should we change” and “Why change”
• The value engineering lifecycle
• How performance benchmarking works