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Audit for Office of Finance
Niteo's Performance Management Audit for the Office of Finance (NPMA)
In corporate finance organizations, business value means predictable financial and operational performance, along with timely, sustainable compliance. Most finance executives are looking to improve performance through
  • Shorter cycles for planning, budgeting, and forecasting
  • Improved forecast reliability
  • Faster, more reliable financial close processes for financial and operating statements
  • Improved control over financial and operational performance

Niteo works with Fortune 1000 firms to implement successful Performance Management initiatives that scope current technology, resources and Office of Finance initiatives and present an actionable business roadmap for improved operational performance.

Niteo's Performance Management Audit for the Office of Finance (NPMA) is a proven tool to provide a roadmap for a set of business and technology initiatives to address your unique requirements. As part of the roadmap enhancements to Cognos Controller, Cognos Finance, Cognos Enterprise Planning, and customized dashboards are recommended. Performance management" involves more than applying a collection of tools to discrete tasks. At Niteo, we believe performance management demands both the right tools and a well-designed strategy for getting the best performance possible from all the resources--human and otherwise--in your organization. The NPMA for the OOF helps create a Performance Management Roadmap that describes how a finance organization can drive greater performance management capabilities across the enterprise. It is based on our long experience in a variety of industries, and embodies the best practices learned across the lifecycle of implementations in those environments.

The NPMA is designed to Audit the following
  • Organizational Preparedness
  • Organizational Financial Processes
  • Current BI/PM Portfolio and Effectiveness
  • Alignment of PM objectives to Vision
  • Prioritization of PM initiatives and objectives leveraging Cognos Controller, Cognos Finance, Cognos Enterprise Planning, and customized dashboards that enable executive decisions.

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