Telecommunications; Pharmaceutical; Consumer Products; Distribution; Energy
AlliedSignal; AT&T; Bell South; Bristol-Myers Squibb; Equant; Pepsi; Royal Dutch/Shell; Sprint; Whirlpool
Financial administration is one of the most complex business operational areas that large corporations shoulder -- and one which can drive the overall success of any company. Leading executives must get their financial services staffs and organizations right in order to maintain an efficient and accurate operations -- whether it is billing, internal corporate accounting or managing corporate assets. This 87-slide presentation reveals how 10 leading companies across five industries build effective and efficient financial shared services organizations.
More specifically, it documents which services are provided most frequently and how the organizations are staffed. Additionally, quantitative analysis covers how leading companies tackle the most urgent problems facing their financial shared services organizations, including:
Overall, the presentation includes:
- streamlining the corporate accounting process
- improving corporate cash flow
- reducing cycle time for closing the books
- reducing cost per expense voucher
- managing corporate assets
- auditing the business units
The top findings synthesize the metrics into clear guidelines for improving operational areas for financial shared services organizations.
- 17 Information Graphics
- 76 Metrics Graphics
- 6 Sets of Top Findings for Areas such as Accounts Receivable and Financial Accounting: Auditing the Business Units
Included in the presentation are quantitative benchmarks for the following critical required metrics of financial shared services organizations:
Additional data is provided for managing key functional areas in several financial services, including accounts payable, accounts receivable and fixed assets.
- services and technologies
- staffing and ratios
- costs and ratios
- service coverage territory
- legal entities served
- business units served
- charge back profile