Total Cost to Perform Financial Reporting per $1,000 Revenue

Published On:
January 19, 2024
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Financial reporting provides critical business intelligence that helps organizations to drive investment, secure credit, maintain compliance, and more. While the financial reporting process can be complex, leading organizations still find ways to make the process seamless and cost effective. In fact, APQC has found that some organizations can carry out reporting at less than one-fifth of the cost of some of their peers and competitors. After breaking down cross-industry data on the costs of reporting, we’ll review the strategies that these top performers use to keep their costs lower.