Resource Library

Cycle time in calendar days (including weekends) from identification of change in risk until changes to risk management policies and procedures are completed and ready for deployment/communication/implementation by the business entity

This measure calculates the number of calendar days (including weekends) that elapse from identification of change in risk until changes to risk management policies and…

Cycle time in calendar days (including weekends) from the identification of a control violation until the violation is reported/communicated to the control or process owner

This measure calculates the number of calendar days (including weekends) that elapse from the identification of a control violation until the violation is reported…

Cycle time in days from reporting of a control violation until investigation is completed and remediation steps/control changes are developed

This measure calculates the number of days that elapse from reporting of a control violation until investigation is completed and remediation steps/control changes are…

Cycle time in business days to process the payroll

This measure calculates the number of business days that elapse between the HR/benefits system cut-off and the payroll transmit date. It is a Cycle Time measure that helps…

Cycle time in days from receipt of invoice until approved and scheduled for payment

This measure calculates the number of calendar days (including weekends) that elapse from receipt of an invoice until it is approved and scheduled for payment. It is part of…

Cycle time in days to complete the monthly consolidated financial statements

This measure calculates the number of calendar days (including weekends) that elapse between running the initial monthly business entity trial balance and completing the…

Cycle time in days to generate complete and correct billing data

This measure calculates the number of calendar days (including weekends) it takes to generate complete and correct billing data. It is a Cycle Time measure that helps…

Days sales outstanding

This measure calculates the average number of days sales outstanding in accounts receivable for a business entity. Days sales outstanding is the length of time from when a…

Cycle time in business days between the time period cut-off for employees and the payroll transmit date

This measure calculates the number of business days that elapse between the time period cut-off for employees and the date that payroll is disbursed to employees and direct…

Cycle time in days to resolve adjustments

This measure calculates number of days it takes to resolve adjustments. An adjustment is when an amount is changed due to an error/miscommunication between two parties…

Cycle time in days to resolve an invoice error

This measure calculates the number of calendar days (including weekends) it takes to resolve a detected invoice error. It is a Cycle Time measure that helps companies analyze…

Number of finance function FTEs per $1 billion revenue

This measure calculates the number of finance function full-time equivalent employees (FTEs) per $1 billion revenue. The finance function includes activities such as…

Number of fixed assets transactions per FTE that performs the process "perform fixed-asset accounting"

This measure calculates the number of fixed asset transactions (i.e. additions, retires, adjustments, transfers and other entries, such as depreciation, recorded to the fixed…

Number of FTEs that perform the process "establish internal controls, policies, and procedures" per $1 billion revenue

This measure calculates the number of full-time equivalent employees (FTEs) per $1 billion that perform the process "establish internal controls, policies, and procedures,"…

Number of FTEs that perform the process "invoice customer" per $1 billion revenue

This measure calculates the number of full-time equivalent employees (FTEs) per $1 billion revenue that develop and deliver customer invoices. It is part of a set of Process…