The APQC Blog
All Posts
Improve Disclosure Management: Webinar On-Demand
CFOs and controllers have been sternly reminding their staffs that there is zero tolerance for errors or delays in financial reporting. The heat source: regulators worldwide who have been ratcheting up quality standards for disclosures. That, coupled with XBRL adoption, is prompting finance teams…
APQC Recognized as a Global MAKE Award Winner
The news was just released today that APQC has been named a 2011 Global Most Admired Knowledge Enterprise (MAKE) Award Winner. This is the second time we’ve been recognized as a Global Winner and the seventh time we’ve been acknowledged in the North American category. We are thrilled and humbled to…
Read All About It! Recently Published APQC Reports
Here are some of the newest additions to APQC's bookshelf. All are free to APQC members and available for purchase by everyone else. Business Excellence: Using Process Frameworks and Reference Models to Get Real Work Done Financial Management: Effectively Managing Risk Across the…
Reduce Compliance Risk with Strong Control of Debt Covenants
A recent survey of finance executives found that many companies overlook or minimize so-called debt covenant compliance risk. This is the risk that a company could default on a bank loan because it failed to keep promises spelled out in a loan agreement. A recent report, “Best Practices…
Paperless Payments—Better Late than Never
The benefits to be gained by paying suppliers electronically have been detailed extensively by APQC’s research staff and other observers. But accounts payable (AP) managers, for a variety of reasons, have clung tightly to the practice of using paper checks for about 75 percent of their vendor…
The Real Pros are Facing IFRS Now
For more than a decade, finance executives have been hearing about the difficulties that would land in their laps once the SEC set the date on which U.S. firms would have to stop using GAAP (generally accepted accounting principles) and start using the “globally harmonized” accounting regime known…
Accounts Payable Metrics—Which View Makes Sense Today?
The financial crisis of 2008 had ripple effects that we still feel today. Consider that CFOs and treasurers have been rewriting the rules for deploying spare operating cash. In the “good old days,” when the major world economies were percolating steadily, the standard rule was to pay vendors as…
Atypical Risks Take Center Stage
Large companies that operate globally are now rethinking the way they manage significant risks, whether those risks are operational or financial in nature or whether they stem from weak strategic planning. They are not concerned so much about their well-honed processes for procuring and sourcing…
Embedding ERM in the Organization
Enterprise risk management leaders recognize the significant value of risk management, but selling the importance within the organization can be a challenge. APQC’s Embedding Enterprise Risk Management in the Organization features effective methods used by best-practice organizations to…
Faster, Better Financial Forecasts—Now or Never?
Economics has long been called “the dismal science.” The reason is that economists tend to make predictions that prove wrong. So, here we are in August 2011, and the consensus view is that developed countries such as the U.S. will experience slow and uneven GDP growth over the next 12 months. I’d…