Tax and Treasury Key Benchmarks: Financial Services/Banking Industry
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.