Benchmarking Accounting and Financial Processes
Multi-Company Benchmarking Assessment Study – Objectives and Scope
- Conduct a high-quality, multi-company benchmarking study of participating organizations in the Finance and Accounting function
- Apply a consistent methodology with continuous communication
- Collect cost, resource, volume, and descriptive data on a process-by-process basis using standardized definitions of activities and tasks to ensure “apples-to-apples” comparisons
- Identify where you stand relative to CIC’s benchmark database
- Present the results in a review session that enables dialogue and discussion among the organizations with some insights into best practices
- Conduct best practice workshops based on results of the multi-company benchmarking study