These recent, real-life stories demonstrate how Chief Financial Officers (CFOs) and financial executives from various industries have successfully tackled their most difficult business problems. From improving the budgeting, planning, and forecasting process to implementing a global finance operating model, these stories highlight what they did, why it mattered, and the benefits realized.

Finance Transformation in Financial Services: Back on Track
Several years after being forced to restate financials, a large U.S. financial services company was still struggling to get its financial processes in order. In the meantime, its external auditors had also uncovered a number of significant weaknesses and deficiencies in those financial processes. The company needed to strengthen its finance organization’s capabilities so that it could operate effectively in the future.

Finance Transformation in Telecom: Spreadsheets Begone
Corporate executives at this large telecom company wanted more detailed visibility into the drivers of each business unit’s financial performance. But a slow, spreadsheet-based budgeting, planning and forecasting process was clouding the line of sight. How could the company improve the transparency and timeliness of financial planning information – and use it to make better business decisions?

Finance Transformation in Pharmaceuticals: When the Party's Over 
After years of record growth, declining profitability forced this large pharmaceutical company to increase its focus on efficiency and costs. Yet issues within its existing finance operations made it hard to gain control and drive performance improvements.

Finance Transformation in Pharmaceuticals: From the F Troop to the 82nd Airborne
The finance organization at this leading pharmaceutical company generated considerable business value through its understanding of company issues, its analytical capabilities and its responsiveness to operating-unit needs. The challenge: Could the finance function continue to do all that – and improve efficiency at the same time?

Finance Transformation at a Large Mutual Insurance Company
A large mutual insurance company sought timely and accurate financial reporting to more effectively allocate capital across its business units and determine its strategic direction. The company engaged Deloitte Consulting LLP (Deloitte Consulting) to help redefine the role and operating model of finance, and help the company achieve its aggressive growth goals. 

Finance Transformation at an Internet Company: Fasten Your Seat Belt 
A large Internet company was struggling to operate independently after its recent spin-off. Rapid growth and numerous restructurings had saddled the finance function with inadequate systems and processes, making it difficult to close the books or produce accurate financial statements.