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General Accounting and Reporting
General Accounting and Reporting
General accounting and reporting is the process of maintaining an organization’s books and reporting internally and externally. Organizations benefit from cycle time improvements in this area, as it allows finance staff more time to analyze and reallocate resources for the future instead of spending time documenting the past and present.
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APQC’s research has found a pronounced variance between high- and low-performing organizations. While a number of practices impact cost, the use of automated transfers of data aids in staff productivity, process efficiency, and cycle time. Among other things, this assessment will provide solid insights to help you determine the feasibility and return on investing in additional technology.
Why Trust APQC?
Founded in 1977, APQC is a member-based nonprofit organization. With over 500 members, APQC serves as a steward for broader open standards benchmarking, providing global, consistent process measurement.
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For help getting started, please contact the help desk at +1-713-681-4020, 800-776-9676, or osbc@apqc.org.
Advisory Services
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Frameworks
Use our Process Classification Framework to understand and improve performance.