Managing finance

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In any challenging economic landscape, the finance function can help your business lead the way with sound financial management.

This means benchmarking performance to identify efficiencies and savings. It means improving your systems and processes so that your business information is more accurate and readily available. And it means considering alternative operating models for running your finance function, such as a shared services or outsourcing arrangement.

EY can work with you in this. We have the breadth of experience that comes from working with many of the world’s leading and fastest growing companies.

We can help you make sure you have effective processes that enhance control, create value and drive organizational behaviors – so your finance function has the agility it needs to advance the changing business agenda and sustain future business success.

$1.1 trillion dollars tied up in working capital

Up to US$1.1 trillion of cash is being unnecessarily tied up, according to our annual working capital survey of 2,000 large companies. Nearly two-thirds of these companies also saw their performance deteriorate in 2009. See how the gap is widening between the best and worst performers.