Financial Benchmarking Best Practices

 

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Financial management process productivity is top-of-mind for CFOs and finance directors today. The common goal is to do more with less labor cost and smarter process management. And a big part of that involves well-informed deployment of process benchmarks. To reduce costs without compromising service excellence, finance managers need a solid understanding of key performance indicators (KPIs) that zero in on process efficiency, speed, and labor productivity. APQC's Mary Driscoll and Matt Norman prepared this synopsis for finance leaders looking to optimize accounts payable and general accounting areas.

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