General Accounting and Reporting Cycle Performance Assessment

Effort:
20 hours
Duration:
2 weeks
Task:
Detailed process assessment

Completing the General Accounting and Reporting Open Standards Assessment can provide insight into your organization's staff productivity, process efficiency, and cycle time for your general accounting and reporting processes. See how your organization compares with APQC's Open Standards Benchmarking database.

A few of the key metrics provided through the completion of this assessment include:

  • Total cost to perform the process " Manage financial policies and procedures" per $1000 revenue
  • Cycle time in days to complete the monthly consolidated financial statements
  • Number of FTEs that perform the process group "perform general accounting and reporting" (excluding fixed assets) 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.

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 osb@apqc.org. Please do not send privileged, confidential, or non-public data to APQC via email. Please contact the helpdesk on osb@apqc.org if you have any further questions.

APQC analysts will immediately begin validation of your submission.

Download Survey to Start Assessment