Finance and Accounting Business Capability Model

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CIOPages Finance and Accounting Capability model captures a detailed view and a nuanced perspective of what Finance and Accounting function does. It includes the basic functions as well as emerging and value-add functions/capabilities. The model will help provide a jumpstart to envision a future state, conduct gap analysis, identify capabilities which are needed/improved, and help focus efforts on capabilities that matter! What’s inside the Finance and Accounting Business Capability Model? The Finance and Accounting Business capability model is decomposed to a minimum of two levels across the spectrum of Finance and Accounting functional capabilities and, many a time to level 3 and some times level 4, depending on the granularity and modularity required. The capability model is structurally sound, internally coherent and maintains principles of MECE (mutually exclusive and collectively exhaustive), to the most part. Finance and Accounting Level 1 Capabilities Finance and Accounting Strategy Management Finance Accounting Services F&A Reporting and Analytics Example decomposition of a sliver of the Finance and Accounting Business Capability Model 80% of your time on the 20% of the capabilities that make you who you are! But I’ve seen this entire Capability Map depicted as ONE BOX. Why so many Capabilities? The problem with some of the mickey-mouse capability maps is that they are too high level and are nothing more than a few boxes and arrows that can be used as Wall Art. For a capability to link strategy to execution, and to bring about functional enablement at a feature/function level, a wellstructured and deeply-decomposed business capability map is essential. Can you help us customize the business capability model to our enterprise needs? We are glad you asked! Yes, of course. Our domain and functional experts can help take these straw capability models and customize to your needs. With a full-fledged model as an
Level 1 Capabilities Finance and Accounting Strategy Accounting Services Management Finance F&A Reporting and Analytics Fine Print: Level 2 Capabilities General Accounting Fixed Asset Management Accounts Receivables Accounts Payable Level 3 Capabilities Accounts Payable Planning Procurement Management Level 4 Capabilities Vendor Profile Management Vendor Reporting Vendor Reporting Vendor Inquiry Management The CIOPages.com Finance and Accounting business capability model is a digital product and hence absolutely no returns or refunds. A generic capability model may or may not fit your needs or the percentage of relevance will vary greatly. Sold on an as-is basis and without any implied or explicit warranties Consultants and consulting firms who want to use it for their clients have a different pricing model. accelerator, the work will be fast, efficient and effective. Contact us for Advisory/Consulting Services. Why should I pay? The domain knowledge and intellect that went into constructing the capability models is very high. The cost is less than 2-hours of time of a low-priced consultant. Or perhaps the cost of pizza lunch for the team to brainstorm and white board the capabilities. Consider the ROI: a) The hours of work it will have saved your team if they tried to build something from scratch b) The time saved due to the straw model covering 75-80% of your needs and c) the value of focusing on what makes you unique rather than work on the entire list of capabilities. The sale is for the model only and does not include customization or implementation help. Please review our standard terms of service.
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Finance and Accounting Business Capability Model

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