凯捷 咨询资料Leading Practices in Finance and Accounting.pdfVIP

Leading/EmergingPracticesinFinanceandAccounting

Thisdocumentincorporatesleadingandemergingpracticesfromvarioussources.TheBenchmarkdataincludedinthisdocumenthasalsobeenincorporated

frommanysourcesincludingIMA,Hackett’sGroup,EYBestPracticesandclientstudies,CFOmagazineothers.

StrategiesandpracticesaredescribedasBestInClassbecausetheyarebelievedtohavehelpedcompaniesandorganizationstoberecognizedasleading

performersinaparticularbusiness.Leadingperformancemightincludeanyofthefollowing:

Significantimprovementsinbusinessprocessmeasures(e.g.recruitmentcycletimes,benefitsclaims,etc.);

Sustainedbusinesssuccess;

Innovativeapplicationoftechnology,process,organizationalstructureand/orpeople;

Noteworthyadaptationinhighlyvolatileenvironments;ora

Continualsuccessandwillingnesstotakecertainamountofriskinordertogainandmaintainacompetitiveadvantage.

CharacteristicsofCompaniesintheutilizationofleadingpractices:

Companiesutilizingleadingpracticesandachievingsignificantcost/efficiencyleadershipsharedsomecommoncharacteristics:

Financialoperationsenterprisereporting,planningandconsolidationswerecompletedinasharedservicestypeenvironment.

Mostofthesecompaniessharedacommonchartofaccounts(orwereinthefinalstagesofdefiningacommonchartofaccounts).

Bestinclasscompanieshadprogressedintheiruseofe-commerceandenterprisewidetechnologyandalsousedsharedservicescentersastransaction

managementlocations.

Self-Serviceandend-useraccesstoinformationwasarecurringgoalortargetforalmost100%ofthecompaniessurveyed.

Theconsolidationanalysthadmovedfromverifyingdataauthenticityandreconciliationtofinancialanalysis.Responsibilityofqualitydataand

information