Fixed Assets Key Benchmarks: Insurance Industry

Prepared using APQC’s Open Standards Benchmarking^® portal, this article highlights important measures and median metric values for the Manage fixed-asset project accounting process group for the insurance industry. Metrics provided include:

• total cost to perform the process group "manage fixed-asset project accounting" per $1,000 revenue,
• cycle time in days to complete an approved capital expenditure plan, and
• percentage of fixed asset transactions handled automatically without human intervention.