By hugely increasing their access to data, the internet of things can help organisations make smarter decisions and better manage people and assets. But, more than this, it can make possible wholly new strategies and business models.
Building effective finance functions is a key concern of organisations and finance professionals. This report provides a foundation for considering the key challenges and a reference source for those analysing or researching the role of the finance function.
Finance’s role in the organisation considers the challenges of designing successful organisations. The document consists of two articles previously published in Finance and Management, the ICAEW’s Finance and Management Faculty Magazine. It forms part of our exploration of the role of the finance function, the first theme for the faculty’s thought leadership programme. The other two themes are managing the future and non-financial measures.
