As well as providing our clients with access to our data platform, we also carry out our own analysis of the
financial and outcomes data that we hold in order to identify national trends and variations.
Financial data insights
CFO Insights is an online analysis tool that gives those aspiring to improve the financial position of their organisation instant access to insight on the financial performance, socio-economic context and service outcomes of theirs and every other council in England, Scotland and Wales.
The tool provides a three-dimensional lens through which to understand council income and spend by category, the outcomes for that spend and the socio-economic context within which a council operates. This enables comparison against others, not only nationally, but in the context of their geographical and statistical neighbours.
The tool provides immediate:
The service is fully supported with training and a key account manager to ensure that you and your team can become quickly familiar with the tool and how to extract the compelling data you require.
The CFO Insights app also provides on-the-go access to key headline financials and outcomes, as well as spotlights of local authority best practice and commentary by our experts on key sector issues.
Download further information on the benefits that CFO Insights can deliver
Grant Thornton UK LLP and CIPFA have come together to create CFO Insights because we share a desire to support and champion high performance in public services. We believe that this can only happen through better insight and understanding that is based on the transparency of data and the sharing of best practice around the UK. CFO Insights has been created to make this a reality
Grant Thornton UK LLP is the leading firm in the local government audit market and the largest supplier of audit and related services to the sector. We count 35% of local authorities in England as external clients and also audit local authorities in Wales and Scotland via contracts with Audit Scotland and the Wales Audit Office.
CIPFA is the professional body for people in public finance. Our 14,000 members work throughout public services in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. This depth of experience has been drawn on to ensure that CFO Insights is grounded in reality and draws heavily on best practice.
Helping performance improvement and transformation planning
Locating potential income generation opportunities
Supporting budgeting and spending decision-making
Providing financial transparency in response to scrutiny questions
CFO Insights is an online analysis tool for those aspiring to improve the financial position of their local authority. It gives instant access to insight around the financial performance, socio-economic context and service outcomes for every council in England, Scotland and Wales.
Of the ten authorities with the highest satisfaction levels for adult social care, the area with the highest spend per adult spends 33% more than the area with the lowest spend
The most deprived areas spend on average 116% more than the least deprived on secondary schools, but outcomes are typically 23% lower
Spend per adult with mental health needs is 69% higher in the most deprived areas compared to the least deprived
As a sector, local authorities spent 16% less per km on highways maintenance planning, policy and strategy compared to five years ago
"The main benefit of CFO insights for me is the ability to focus upon outcomes as well as costs in order to prove or indeed disprove long held hypotheses"Guy Lonsdale Deputy S151 Office, North East Lincolnshire Council
"We are using CFO insights to find out if movements in spend (between years) is aligned to council priorities"Nigel Stannard, Poole Borough Council
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