Accounting Automation and Outsourcing White Papers

Multi-Company Benchmarking Assessment Study – Objectives and Scope

  • Conduct a high-quality, multi-company benchmarking study of participating organizations in the Finance and Accounting function
  • Apply a consistent methodology with continuous communication
  • Collect cost, resource, volume, and descriptive data on a process-by-process basis using standardized definitions of activities and tasks to ensure “apples-to-apples” comparisons
  • Identify where you stand relative to CIC’s benchmark database
  • Present the results in a review session that enables dialogue and discussion among the organizations with some insights into best practices
  • Conduct best practice workshops based on results of the multi-company benchmarking study

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