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Design of the High-Performance Finance Function Framework

Design of the High-Performance Finance Function Framework
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Copyright: 2022
Pages: 37
Source title: Building the High-Performance Finance Function
Source Author(s)/Editor(s): André de Waal (Finance Function Research and Development Center BV, The Netherlands & HPO Center BV, The Netherlands), Eelco Bilstra (Finance Function Research and Development Center BV, The Netherlands) and Jacques Bootsman (Finance Function Research and Development Center BV, The Netherlands)
DOI: 10.4018/978-1-7998-6929-0.ch005

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Abstract

In this chapter, the movements are discussed that are currently shaping or that are expected to transform in the near future the finance function into a higher-quality finance function. Subsequently, these movements are converted into a framework that can be used to create the HPFF. The HPFF framework is then extensively described, and its relation with the HPO framework and its influence on the performance of the finance functions are explained. Also, the difference between the what and the how of the framework is discussed, as are the obstacles that finance function can encounter in practice during their transformation in to an HPFF. Courses of action to surmount these obstacles are also given.

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