Total Cost to Perform the Finance Function: Metric of the Month
The right structure, processes, technology, and people help organizations increase finance function effectiveness while growing the bottom line.
Metric of the Month: Business Entity Revenue Per Employee
Employee productivity is closely linked to organizational revenue. But how much revenue should each employee be expected to generate?
The Real Cost of Invoicing: Metric of the Month
Invoicing can be an expensive process that involves intensive manual data entry, revisions, approvals, and bookkeeping.
Metric of the Month: Accounts Payable Cost
Manually entering invoices into the general ledger has a negative influence on the total cost of processing accounts payable per invoice.
Goldman Sachs to Pay $120 Million in Rate-Manipulation Case
The CFTC orders the investment bank to pay up in response to charges that traders deliberately influenced a U.S. global dollar benchmark.
CFOs’ Top Goal for 2017: Better Analysis and Reporting
Ninety percent of CFOs surveyed say they should be doing more with the financial and operations data they have at hand.
Metric of the Month: Travel Reimbursement
When companies fail to reimburse travel and entertainment expenses, it costs them — in more ways than one.
Metric of the Month: Finance Function Costs
CFOs are skeptical about claims that process automation is the cure-all for excessive costs of the finance function.
Metric of the Month: Total Cost of the Finance Function
Judged according to the cost of their finance functions, some companies may be wasting millions of revenue dollars on inefficient processes.
Is Finance-Cost Benchmarking Off Track?
Comparisons should take into account company complexity, not just industry and revenue, one research firm contends.
Five Reasons Why Your Finance Transformation Failed
You focused too much on finance costs and satisfying internal customers, thought of it as a finite project and relied too heavily on consultants.