Total cost to perform the process "evaluate and manage financial performance" as a percentage of revenue

This measure calculates total cost to perform the process "evaluate and manage financial performance" as a percentage of revenue. Total cost is the sum of personnel (compensation/benefits), systems (direct and/or allocated), overhead (direct and/or allocated), other internal, and outsourced costs. The Process "evaluate and manage financial performance" includes [Checking and achieving predetermined financial targets and timelines. Assess and manage the profitability, feasibility, and consistency of a business or project. Study the revenues generated.]. This Cost Effectiveness measure is intended to help companies understand this cost expenditure related to the process "Evaluate and manage financial performance".

Benchmark Data

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Measure Category:
Cost Effectiveness
Measure ID:
109329
Total Sample Size:
938 All Companies
Performers:
25th
-
Median
-
75th
-
Key Performance
Indicator:
Yes

Compute this Measure

Units for this measure are dollars.

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(Total cost to perform the process "evaluate and manage financial performance" / Total business entity revenue) * 100

Key Terms

There are no key terms associated with this measure.
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Measure Scope

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Cross Industry (7.3.1)

  • 9.1.4.1 - Assess customer and product profitability (10782) - N
  • 9.1.4.2 - Evaluate new products (10783) - N
  • 9.1.4.3 - Perform life cycle costing (10784) - N
  • 9.1.4.4 - Optimize customer and product mix (10785) - N
  • 9.1.4.5 - Track performance of new-customer and product strategies (10786) - N
  • 9.1.4.6 - Prepare activity-based performance measures (10787) - N
  • 9.1.4.7 - Manage continuous cost improvement (10788) - N