Ten years ago, a white paper produced by KPMG entitled ‘Future of Finance: a guide for business users’, predicted that there would be no finance function by 2010.

Many transactional processes would be outsourced; responsibility for some financial activities would reside within the business; the roles of the CFO and COO would merge and finance would become a true partner to the business, it predicted.

Read the full excellent article from Rachel Fielding courtesy of our strategic partner Accountweb.

http://www.accountingweb.co.uk/article/fd-partnering-finance-future/523549