Tax and Treasury Key Benchmarks: Financial Services/Banking Industry

Published On:
May 31, 2022
Authored By:
APQC
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Prepared using data from APQC's Open Standards Benchmarking® in Tax and Treasury, this article highlights financial management tax and treasury key performance indicator (KPI) benchmarks for organizations in the financial services/banking industry.

Metrics provided include:

  • cycle time to develop a short-term cash flow forecast,
  • number of FTEs that manage taxes,
  • total cost to manage treasury operations,
  • number of banks used for cash collection/disbursement, and more.