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Nordic Finance & Accounting Costs 2010: Large Nordic Companies 2010

Waagstein Research AB, May 2010, Pages: 61


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This report maps out both current finance & accounting spending in Nordic companies as well as the trends. In the report the finance & accounting cost levels as well as the allocation of spending is described and analysed. Both the allocation of resources (staff, finance & accounting IT systems, facilities etc.) and on functions (accounting, payroll, audit etc.) is presented.

Finance & Accounting Costs 2010 is designed to:

- Provide finance & accounting cost key ratios for Nordic companies such as finance & accounting cost as a share of turnover and finance & accounting cost per employee.
- Report on the share of finance & accounting costs spent on outsourcing and the extent to which large Nordic companies use outsourcing of finance & accounting activities.
- Show how the finance & accounting costs of Nordic companies are allocated on the resources that are used in the finance & accounting operations such as staff and finance & accounting IT systems.
- Display how the finance & accounting costs of Nordic companies are allocated on ten main finance & accounting function categories.
- Report on the distribution of finance & accounting staff’s time spent on various finance & accounting tasks.
- Report on the use of shared service centres and to which extent they are used within various finance & accounting functions.
- Present how satisfied companies are with the performance of various finance & accounting functions and how this differs between sectors.
- Show how the use of outsourcing and shared service centres affect the performance of finance & accounting operations.
- Report on the effect of a recent implementation of a new or upgraded finance & accounting IT system on the performance of the finance & accounting processes.

Answering your key questions:

How does your finance & accounting cost level compare to other large Nordic companies in your industry?
What differences are there in the allocation of costs for finance & accounting resources and functions?
How much do other large companies spend on finance & accounting outsourcing?
How do finance & accounting staff allocate their time?
Does the use of shared service centres and outsourcing affect satisfaction with finance & accounting?

Who should buy this report?

Finance & Accounting Costs 2010 is written based on mainly the needs and requirements of the finance & accounting management of large Nordic companies. The target group of the report is primarily: CFOs, Controllers, Outsourcing managers, Financial strategists, Consultants and CEOs. The report will however also be interesting for vendors of finance & accounting products and services in order to better understand their customers.



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