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Metric Highlights for Financial Processing at Shared Services Centers Compared to Headquarters and Business Units

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 
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Processing Payroll Using Shared Services

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 
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Payroll Time Function Performance

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 
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