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- Metric Highlights for Financial Processing at Shared Services Centers Compared to Headquarters and Business Units
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APQC's Open Standards Benchmarking metrics highlight the performance of shared services centers and compare them to the performance for headquarters and business units performing the same transactional activities.
Type: Benchmarks and Metrics Topics: General Accounting and Reporting, Finance and Accounting, Accounting, Accounts Payable, Accounts Receivable Processes: 8.3 Perform general accounting and reporting, 8.0 Manage Financial Resources, 8.5 Process payroll, 8.2.3 Process accounts receivable (AR), 8.2 Perform revenue accounting, 8.5.1 Report time, 8.6 Process accounts payable and expense reimbursements- Relevance: 79%
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- Nonmember Price: Download FREE
- Processing Payroll Using Shared Services
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APQC's Open Standards Benchmarking shows that, at the mid-point, processing payroll using a shared services centers costs $0.40 when the total cost to process payroll is calculated per $1,000 of revenue.
Type: Benchmarks and Metrics Topics: Payroll, Finance and Accounting Processes: 8.5 Process payroll, 8.0 Manage Financial Resources, 8.5.1 Report time, 8.5.2 Manage pay, 8.5.3 Process payroll taxes- Relevance: 78%
- Member Price: FREE
- Nonmember Price: $195.00
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- Payroll Time Function Performance
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APQC's Open Standards Benchmarking for payroll begins analysis of the payroll process by asking for the number of full-time equivalent (FTE) employees in each of three separate functions: report time, report ...
Type: Benchmarks and Metrics Topics: Payroll, Finance and Accounting Processes: 8.5 Process payroll, 8.0 Manage Financial Resources, 8.5.1.2 Collect and record employee time worked, 8.5.1 Report time, 8.5.2.1 Enter employee time worked into payroll system, 8.5.2 Manage pay- Relevance: 60%
- Member Price: FREE
- Nonmember Price: Download FREE