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Drifting or Driving? Finance Effectiveness Benchmark Study 2011
Posted. 28.06.2011
Overview
Welcome to Drifting or Driving?, PwC’s third annual finance benchmark report, which outlines the latest findings from our benchmark analysis of 130 participating companies.
In this year’s study, we note that the cost of finance rose for most organisations in 2010, reversing a long-term downward trend.
Meanwhile, over the same period, top performers have kept their costs steady and at much lower levels, while delivering better service. Is this general increase in cost the result of investment which will bring sustained improvement in performance or simply the result of a relaxation of cost control?