White Papers

The State of the Art in Finance

Category: IT Management, Enterprise Applications

Overview Benchmarking is an important tool that finance organizations use to stay competitive. It allows them to determine the value of adopting best practices and changing business processes. To assess the trends in the finance function and identify best practices, APQC (formerly known as The American Productivity and Quality Center) has evaluated the performance of over 130 finance organizations. The study included these key processes:

Financial strategy and planning
Internal controls
Treasury
Revenue accounting (order to cash)
General accounting
Fixed assets and project accounting
Accounts payable and expense reporting
Tax
Payroll

This SAP Insight report discusses the results of the APQC survey, as well as research performed by SAP, in light of the current state of the finance function in U.S. companies, the challenges to that function, and the road map to increasing its strategic capabilities.

By downloading you agree to our Terms and Conditions. These include information regarding use of your personal data.

Publisher: SAP
File Format: PDF
Date Published: Mar 18, 2009
Format: White Papers
Topics: SEC Rule 17A-4, Gramm-Leach-Bliley Act, Sarbanes-Oxley, Finance, Cost Control - Risk Mgmt., Business Management, Strategic Planning

Similiar White Papers

The State of the Art in Finance

Benchmarking is an important tool that finance organizations use to stay competitive. It allows them to determine the va

Publisher: SAP

SAP White Papers

SAP Radio-Frequency Functions Optimize Information and Material Flow at BMW Motoren

The Future Is Here... Advanced Meter Infrastructure (AMI): Composite Technologies to Meet New Demands in Sales and Customer Service

Regardless of the specific market requirements, however, it is clear that without sufficiently adaptive IT landscapes, u

Publisher: SAP | Tags: soa, software

Featured white papers

The Value of Location Intelligence in the Communications Industry

Pitney Bowes

Public Services are under pressure, the challenge is to do more with less. How do you improve citizen satisfaction, increase cost efficiencies and improve service delivery? The power of location intelligence is helping many local authorities...

Download now »
Best Practices for Translating Customer Satisfaction into Revenue

Citrix Online

Today's support organisations are focused on two top-level metrics: financial results and customer satisfaction. For most, it's easy to track financial performance, but customer satisfaction is akin to speaking a foreign language...

Download now »
HP print solutions and 3M

Hewlett-Packard (HP)

The objective for 3M was to optimize office printing infrastructure at 3M locations worldwide, reduce total cost and environmental footprint. Some of the business benefits acheived by switching to HP print solutions...

Download now »