Prepared using APQC’s Benchmarks on Demand tool in accounts payable (AP), top performers measured by key performance metrics receive less than 35 percent of invoice line items electronically. It makes sense, then, that top performers have been very aggressive in embracing payables automation…
A scary thought for many finance professionals is utilizing cloud computing for finance functions. Benefits of cloud computing are clear: documents can be modified from anywhere at any time by anyone (with access) on any device. Though less of a new concept for other parts of an organization, some…
In a survey conducted in March 2012 by APQC and IEG, 65 percent of finance organizations have some strategy for talent development, either with a coherent, continuous strategy or intermittent attempts. However, an alarming 52 percent of those same respondents who are making an effort to develop…
Results from the 2012 Association for Financial Professionals (AFP) Fraud and Control Survey conducted in January 2012 have been recently published. In its eighth year, the AFP Fraud and Control Survey highlights the situation, methods, and frequency in which the majority of organizations fall…