Organizations today are facing an increasingly complex regulatory environment coupled with a still-uncertain economy. Nevertheless, more and more companies are positioning themselves for growth. As a result, finance functions across all industries are shifting priorities from containing costs to exploring new revenue-driving avenues, providing benchmarks by which finance management can measure the capabilities of various areas and identify gaps.

Measuring capabilities is important because it provides insight into what an organization does efficiently and effectively, perhaps better than others, and highlights areas that may be underperforming so that corrective measures may be implemented. These insights may include superior technical or subject-matter expertise, a more reliable and innovative process, proprietary systems, a differentiating brand, and a distinct culture, among other competitive advantages.

Protiviti’s Finance Capabilities and Needs Survey assesses the skill levels of finance executives and professionals in areas of priority for today’s organizations, along with competencies that are most in need of improvement. Close to 200 respondents answered more than 100 questions in three categories: Process Capabilities (Financial Analysis and Financial Transactions), Technical Capabilities and Organizational Capabilities.

Download the 2011 Finance Capabilities and Needs Survey (PDF)  (requires Acrobat Reader; please disable your pop up blocker)