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Digital Transformation of the Finance Organization Performance Assessment
Gain insight into the efficiency and effectiveness of your finance function processes by completing the Finance Organization Open Standards Benchmarking Assessment.
Key performance indicators within this assessment span the finance organization and include:
- Total cost to perform the finance function per finance function FTE
- Number of business entity employees per finance function FTE
- Cycle time in days to complete the annual budget
- Days sales outstanding
- Number of FTEs that perform the process "perform financial reporting" per $1 billion revenue
All submissions to APQC's benchmarking database, both Open Standards Benchmarking and Rapid Performance Assessments, must be collected using APQC's easy-to-use Microsoft Excel data collection instruments. Please download a fresh copy of the assessment file by clicking the “Download Survey to Start Assessment” button.
Each benchmarking assessment offers an Excel-based data collection tool consisting of the survey itself, the measures associated with the survey, the glossary terms needed to understand the survey, and a copy of the Process Classification Framework (PCF) relevant to the data collection instrument. The consolidated data collection tool is intended to simplify the collection of benchmarking data within your organization.
How it works:
Once you have completed the data collection instrument, simply upload the file using APQC's secure file upload tool. Visit this URL to upload your file: https://zurl.co/8Rg92. If you are unable to connect to that web site, please contact the helpdesk for more information by sending an email to [email protected]. Please do not send privileged, confidential, or non-public data to APQC via email. Please contact the helpdesk on [email protected] if you have any further questions.
APQC analysts will immediately begin validation of your submission.