Benchmarks can help you identify areas of opportunity to restructure your Finance & Accounting (F&A) organization, reduce staff, automate, and revise focus – all part of today’s “marching orders” for finance executives.
But are all finance benchmarks created equal? Do general industry benchmarks reflect the specific characteristics and dynamics of your business?
In this updated edition of our best-read report, we offer a practical approach to using benchmark data to maximize the efficiency and effectiveness of your Finance Department.
What You’ll Learn:
- How to use benchmark data to pinpoint F&A improvement areas
- What level of benchmarking performance to target
- Which metrics provide the best insights into the efficiency and effectiveness of your organization
- Real-world examples of how benchmarking drives performance & cost savings
- The impact of automation on finance processes