^The APQC Blog

Benchmarking is important because it allows organizations to measure their performance against industry standards, identify areas for improvement, and drive strategic decision-making.

Days Sales Outstanding (DSO) measures how quickly a company collects payment after making a sale, insight that’s essential for managing working capital and maintaining liquidity. For finance professionals, the DSO metric is a critical indicator of cash flow health and operational efficiency.

Every year, APQC conducts research with supply chain professionals to identify key priorities for the upcoming year.

Process management is a management practice or approach that defines the governance of specific business processes, enabling improved business agility and operational performance. 

Supply chain benchmarking is important because managers need to:

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.

The size of the finance team required to keep an organization thriving can vary significantly from one company to another.

New research from APQC shows where onboarding programs are falling short. 

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.

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.