Average cycle time in minutes for the organization to concentrate/physically pool cash and establish a daily cash position

This measure calculates average cycle time in minutes for the organization to concentrate/physically pool cash and establish a daily cash position. This Cycle Time measure is intended to help companies analyze this duration related to the process "Manage cash".

Benchmark Data

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Measure Category:
Cycle Time
Measure ID:
106546
Total Sample Size:
1,120 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No
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Compute this Measure

Units for this measure are minutes.

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Cycle time in hours to concentrate/physically pool cash and establish a daily cash position * 60

Key Terms

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Cycle time is the total time from the beginning of the process to the end. This includes both time spent actually performing the process and time spent waiting to move forward.

Measure Scope

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Cross Industry (7.4)

  • 9.7.2.1 - Manage and reconcile cash positions (10893)
  • 9.7.2.2 - Manage cash equivalents (10894)
  • 9.7.2.3 - Process and oversee electronic fund transfers (EFTs) (10895)
  • 9.7.2.4 - Develop cash flow forecasts (10896)
  • 9.7.2.5 - Manage cash flows (10897)
  • 9.7.2.6 - Produce cash management accounting transactions and reports (10898)
  • 9.7.2.7 - Manage and oversee banking relationships (10899)
  • 9.7.2.8 - Analyze, negotiate, resolve, and confirm bank fees (10900)