CFO insights

Make better decisions by contextualising your performance with our online financial analysis tool

Councils are having to make change

Not only to save costs, but to provide high-quality services that meet the demands of the public.

CFO Insights provides a three-dimensional view of your income and spend by category; the outcomes of that spend, and the socio-economic context you’re operating in.

You can compare your performance against every other council in England, Scotland, and Wales, and see how it relates to your geographical and statistical neighbours.

The tool provides immediate:

identification of the authorities with the best service outcomes
sight of socio-economically similar authorities and their spend on services
clear visualisation through mapping, bar charts, spider profiles and league tables
segmentation by different authority types, region, core cities and key cities
aggregation of different authorities’ spend
reduction in the time to identify sources of information.

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Contextualise spend

Understand spend levels in the context of place and socio-economic dynamics to pinpoint areas for improvement

Identify best practices

See spend in context of outcomes, and in comparison to genuine statistical nearest neighbours; so you can locate peers with superior performance

Highlight outliers

Establish lines of financial enquiry to promote efficiency by generating clear evidence you can communicate effectively

“Analysis produced from CFO insights is valued across the council. The main benefit of CFO insights for me is the ability to focus upon outcomes as well as costs.”

Guy Lonsdale, Deputy S151 Officer, North East Lincolnshire Council

Case study

Empowering Vale of Glamorgan through rapid data insight

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The challenge:

Vale of Glamorgan faces budget pressure, prompting the need for evidence-based savings and transformation strategies. They seek to understand best practices from other Welsh authorities for change initiatives.

The solution:

We provided benchmarking analysis for two council budget cycles, aligning insights to socio-economic context and key challenges.

The result:

The council has used the benchmarking analysis to shape its transformation programme, and to identify opportunities for both change and savings generation over the short and long term.