06.02.2017 Views

Finance and Accounting Business Capability Model

The CIOPages.com Finance and Accounting business capability model is hierarchically decomposed list of capabilities which captures the end-to-end entities that span the finance and accounting function. Visit: https://www.ciopages.com/store/finance-accounting-business-capability-model/

The CIOPages.com Finance and Accounting business capability model is hierarchically decomposed list of capabilities which captures the end-to-end entities that span the finance and accounting function. Visit: https://www.ciopages.com/store/finance-accounting-business-capability-model/

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What are <strong>Business</strong> Capabilities?<br />

<strong>Business</strong> Capabilities describe “What”<br />

a business does. <strong>Business</strong><br />

capabilities act as the foundational<br />

building blocks in business<br />

architecture as they are the stable<br />

components <strong>and</strong> solid entities to<br />

model a business.<br />

What is the value of a <strong>Business</strong><br />

<strong>Capability</strong> <strong>Model</strong>?<br />

A well-structured business<br />

capability model aligns business<br />

<strong>and</strong> technology.<br />

It provides a common language<br />

that bridges the traditional gap<br />

between business <strong>and</strong> IT teams<br />

<strong>Finance</strong> <strong>and</strong> <strong>Accounting</strong> <strong>Business</strong> <strong>Capability</strong> <strong>Model</strong><br />

What is included in the <strong>Finance</strong> <strong>and</strong> <strong>Accounting</strong><br />

<strong>Business</strong> <strong>Capability</strong> <strong>Model</strong>?<br />

The <strong>Finance</strong> <strong>and</strong> <strong>Accounting</strong> capability model is a hierarchical<br />

decomposition of about ~110 business capabilities spanning all <strong>Finance</strong><br />

<strong>and</strong> <strong>Accounting</strong> functions.<br />

A granular capability model (not<br />

too high level) allows for mapping<br />

to technology components to<br />

underst<strong>and</strong> the functional<br />

sufficiency <strong>and</strong> footprint of<br />

applications to meet business<br />

needs.<br />

Requirements anchored to a<br />

capability help companies focus on

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