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Accounting Outsourcing / Business Advice / Management / Restaurants

The Criticality of Restaurant Financial Benchmarking

Restaurant industry sales are expected to hit a record high of $709.2 billion in 2015, according to the National Restaurant Association. In the first four months of 2015 alone, restaurant…

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October 9, 2015
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Accounting Outsourcing / Business Advice / Management

Changing the Future of Work

It’s not news that technology continues to change the way we work. With such a heavy focus on cost efficiency, there has been an increased focus on optimization to get…

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September 29, 2015
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Accounting Outsourcing / Management

What Main Street Can Learn from Manila

Looking to Manila as an example, I think it’s evident that understanding how countries globally are changing and growing can be necessary for development both domestically – and abroad.

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August 14, 2015
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$2,500 Value!
IQ BackOffice will provide a Consultant to perform a detailed review and benchmarking of your current process. We will:
  • Contact you to arrange a virtual meeting
  • Review your current process in detail
  • Perform a detailed benchmarking and identify opportunities for improvement
  • Create a customized plan including recommendations for technology and process reengineering
  • Present the plan to you including a full business case and an ROI with anticipated cost savings
  • The plan is yours to keep regardless of what you decide to do

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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