CFO Excellence Panel: BCG’s Finance Function Benchmarking Solution

BCG’s CFO Excellence Panel, our finance function benchmarking solution, provides executive-level, actionable insights on corporate finance performance and identifies company-specific finance improvement opportunities to take your function to the next level.

CFO Excellence Panel
CFOs want and need to transform their corporate finance performance, and they’re looking for finance function benchmarking to understand where they really stand. BCG’s CFO Excellence Panel annually benchmarks your finance function on key finance-performance metrics against over 1,000 peers across industries. These benchmarks are synthesized into customized, action-oriented insights that help finance executives identify strengths and weaknesses and prioritize the most impactful finance improvement initiatives.
Graphic 1 | CFO Excellence

The Benefits of BCG’s Finance Function Benchmarking

BCG’s finance benchmarking tool systematically evaluates your finance function using quantitative and qualitative finance performance metrics. Participants gain valuable transparency into their corporate finance performance, including insights into efficiency (how well resources are allocated and utilized) and effectiveness (the value delivered through activities and outcomes). The panel also shines a spotlight on emerging priority areas, such as digital finance, AI, and GenAI.

After submitting your input, you will get access to personalized finance benchmarking dashboards that comprehensively evaluate your performance—both in absolute terms and relative to your peers. The evaluation includes category-level ratings as well as detailed insights for individual questions. Our user-friendly dashboards deliver executive-level insights while offering the flexibility to explore granular details as needed.

You will also receive tailored advice to optimize your finance operating model, refine your capital allocation strategy, and enhance cross-functional leadership capabilities.

With yearly progress validation, our finance function benchmarking helps ensure that strategies remain aligned with best practices and evolving trends.

How the Finance Function Benchmarking Works

With multiple benchmarking modules, our finance function assessment equips CFOs and other finance leaders with the insights needed to make data-driven decisions that continuously promote corporate finance performance and enable strategic transformations.

  • Finance Performance Benchmarking. We systematically benchmark your finance function along all key dimensions and processes, including strategy, finance setup, and finance excellence. This finance function assessment provides a quantitative and qualitative overview of your efficiency and effectiveness. It also highlights concrete advice on how to improve.
  • Deep-Dive Finance Benchmarking. Further modules are available for assessing topics in greater depth—for example, finance FTE benchmarking, finance efficiency levers, digital finance, and GenAI. These modules allow you to explore hot topics and assess your status, and they show you the concrete tactics of top performers.

How Our Finance Benchmarking Drives Clients’ Success

The insights from BCG’s CFO Excellence benchmarking were integral for us to build a compelling case for change across finance. The outside-in perspective makes you reconsider what is working well vs. what do we focus on.
—former CFO of a luxury department store chain
The data-based perspective from BCG’s CFO Excellence benchmarking uncovered our true strengths and challenges in finance—allowing us to kick-start the journey of forming our future vision for finance.
—CFO of a European grocery retailer

Meet The CFO Excellence Panel Team

Managing Director & Senior Partner; Global Leader, Center for CFO Excellence

Alexander Roos

Managing Director & Senior Partner; Global Leader, Center for CFO Excellence
Berlin

Managing Director & Partner; CFO Excellence NAMR Leader

Michael Demyttenaere

Managing Director & Partner; CFO Excellence NAMR Leader
Los Angeles

Partner and Director, Corporate Strategy

Sebastian Stange

Partner and Director, Corporate Strategy
Munich

Our Insights on Corporate Finance Performance

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