Systems cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $100,000 revenue
This measure calculates systems cost (direct and/or allocated to your business entity) to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $100,000 revenue. Systems cost refers to a variety of expenses related to computer hardware/software, network and application maintenance, data storage, etc., and all fees paid to full-time, part-time, or temporary employees or independent contractors hired to perform these services. These should not include one-time costs for major new systems developments/replacements. The process "manage (financial) policies and procedures" includes [Creating procedures to perform general accounting and reporting. Follow the rules and regulations made for a particular process in the business. Publish accounting policies. ]. The process "perform general accounting" includes [Applying basic principles, concepts, and accounting practices in recording and preparing final accounts, and using accounting information in management.]. process "perform financial reporting" This Cost Effectiveness measure is intended to help companies understand this cost expenditure related to the process group "Perform general accounting and reporting".
Benchmark Data
25th | Median | 75th |
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Compute this Measure
Units for this measure are dollars.
(Systems cost to perform the process "manage policies and procedures" + Systems cost to perform the process "perform general accounting" + Systems cost to perform the process "perform financial reporting") / (Total business entity revenue * 0.00001)