Have you ever worked at an organization where no one shared what they knew? Or maybe you were part of a team that collaborated really well, and information flowed naturally. What’s the difference? Culture. And while many organizations invest in knowledge management (KM) technologies, very few…
The size of the finance team required to keep an organization thriving can vary significantly from one company to another. A valuable way to assess your performance is by calculating the number of finance function full-time equivalent employees (FTEs) per $1 billion in revenue. This benchmark…
New research from APQC shows where onboarding programs are falling short. Bottom line upfront: Despite much talk about the benefits of on-the-job learning, when it comes to onboarding, effectiveness hinges on taking a formal, comprehensive, and upfront approach. Why it matters: A number…
Is your accounting team overwhelmed with manual tasks? A useful metric to evaluate, benchmark, and manage this is the percentage of automated, recurring journal line items compared to those entered manually.The percentage of automated monthly journal entries is a key metric for accounting leaders…
On this International HR Day, I am sharing 5 ways that HR makes a difference and what recent APQC research shows HR functions are doing today to excel at each. While there are so many ways that HR makes a difference, these 5 are representative of key contributions that HR makes to employees’ lives…
As financial professionals, we understand the critical role internal controls play in safeguarding assets, ensuring data integrity, and supporting regulatory compliance. Yet in today’s environment of increasing complexity, remote operations, and heightened scrutiny, traditional manual controls are…
It is hard to imagine that even the sharpest supply chain planners a year or even six months ago could have fully anticipated the situation in which we now collectively find ourselves: Tariffs, reciprocal tariffs, tariffs on pause for 90 days…supply chains are facing rapid changes from dynamic…
Process frameworks are essentially lists of all the key processes performed in an organization, grouped hierarchically to show how they relate to each other. APQC’s Process Classification Framework (PCF)® is a reliable and robust framework used by hundreds of leading companies worldwide, but it’s…
Last year, I introduced the idea of knowledge management (KM) Bridge Builders in my April 25 Blog. These are the passionate individuals who have dedicated years to laying the groundwork for future generations of knowledge workers. Their selfless efforts focus on cultivating a change-resilient…
While preparing budgets and forecasts, finance and accounting leaders carefully analyze various factors, including historical data, inflation, interest-rate projections, and regulatory changes. This process also involves collaborating with stakeholders to integrate insights related to the…