Building The Business Case for Financial Shared Services

Rachele Collins's picture

There are many benefits that organizations can realize by leveraging a shared services delivery model for finance transaction processing, such as increased efficiencies, reduced costs, and increased productivity. For example, consider the following efficiency and cost metrics for the overall finance function from APQC’s last finance shared services data collection conducted in conjunction with management consultancy ScottMadden:

2018’s Biggest Finance Focus: Improving General Accounting and Reporting Processes

Rachele Collins's picture

APQC recently concluded its latest financial management “trends and challenges survey”−260 midsize to large organizations from around the globe participated in the survey −and the data shows some interesting results.

6 Ways to Improve Cash-to-Cash Cycle Time

Rachele Collins's picture

Evey month APQC drills down on a financial management metric to help readers better measure, manage, and improve their finance functions.

This month’s metric, based on data from APQC’s Open Standards Benchmarking, considers the metric Cash-to-Cash Cycle Time (as originally discussed by my colleague Marisa Brown in CFO.com).

A Proven Formula for Employee Engagement and Retention

Rachele Collins's picture

Thanksgiving is a time for appreciation of one’s blessings and for reflection. As I reflect back on 2017, I am incredibly thankful for my faith, my family, and my friends in this challenging year. I am also thankful for my work and for my career at an organization where I will celebrate 18 years of tenure in January.

A Proven Approach for Developing Knowledge Management Strategy for 2018 and Beyond

Rachele Collins's picture

Welcome to Fall and the Season of Strategic Planning! If your organization is like ours, you may be in the midst of meetings to reflect upon the past year and evaluate organizational performance, as well as planning sessions for a successful 2018.

How Smart Organizations Set Up Successful Work From Home Programs

Rachele Collins's picture

As I write this blog (from the local Starbucks), many parts of APQC’s hometown of Houston are still working to recover from Hurricane Harvey, an incredibly destructive Category 4 storm that hit Texas and Louisiana in late August 2017. This storm was considered a flood disaster, dumping a total of between 40 and 50 inches of rain in southeast Texas, and inundating many parts of Houston that had never flooded before.

What Generation X Wants from the Workspace of the Future

Rachele Collins's picture

Due to their sheer volume in the workplace, we are constantly bombarded with information and analysis about what the Millennial generation (born in the early 1980’s to the late 1990’s) desires in terms of workplace expectations, office environment, norms, and culture. However, there are at least two other generations (Baby Boomers, born in the mid 1940’s to the mid 1960’s; and Generation X, born in the mid 1960’s to early 1980’s) in the workplace today that are largely ignored in terms of all of the attention and hype, but still nonetheless important.

How Binge Watching Game of Thrones Is Like Accelerated Learning

Rachele Collins's picture

Like other “Thronies,” I have been eagerly awaiting the premier of Season 7 of Game of Thrones (GOT) which occurred this past Sunday, July 16. But, perhaps unlike other Thronies, I didn’t actually start watching GOT at all until several months ago, necessitating cramming in content from the first six seasons (or 60 episodes total), in about three months’ time.

5 Ways To Better Knowledge Management Blog Posts

Rachele Collins's picture

We were recently treated to a departmental meeting featuring a guest speaker, our own boy genius Ralph Marlbrough, APQC SEO and social media manager, talking to us (by request) about how to write a good blog.

For Change Management To Work The Reason Must Be Compelling

Rachele Collins's picture

Earlier this month I spent a week at the Gulf Coast Symposium on HR Issues, held May 10-12, 2017 at NRG Center in my home town of Houston, Texas. The session bills itself as “the largest regional conference for HR Professionals on the Gulf Coast, with more than 2,100 practitioners, presenters and providers” and more than 180 concurrent sessions on topics such as Business Management & Strategy, Employee & Labor Relations, International HR, Leadership & Professional Development, Talent Management, and Total Rewards.