The UK Government’s Finance Function is part of the country’s Civil Service. It brings together a diverse range of disciplines and expertise
The UK Government’s Finance Function is part of the country’s Civil Service. It brings together a diverse range of disciplines and expertise — from strategic business partners to accountants, to risk and audit professionals. The Function is tasked with making sure public money is spent efficiently and effectively, ensuring the delivery of high-quality public services.
Collectively, more than 10,000 finance professionals are responsible for supporting the management of over £800 billion of public expenditure each year, as well as over £2,000 billion in assets and £4,500 billion of liabilities.
For an organisation as large and complex as the UK Government, ensuring a standard approach to finance is a challenge. In the face of a changing technological landscape and a greater demand for operational efficiency, the Government has launched a programme to make sure its Finance Function will play a more strategic role and to place technology at the heart of this strategy.
We spoke to Tim Wheelhouse, Head of Finance Technology.
