BestPracticesandBenchmarksforExpenseManagementScottBergVicePresiden,StrategicSalesOperationstExtensityInc.Withthegrowingpopularityofautomatedexpensemanagementsolutionsinthelast5years,manycompaniesarebeginningtodevelopnewbestPracticesbyminingandanalyzingtheresultsofthetravelandentertainmentexpensemanagementprocess.TheseemergingbestPracticeshaveeclipsedtherecommendationsandsavingsfromthemanualpro...
Leading/EmergingPracticesinFinanceandAccountingThisdocumentincorporatesleadingandemergingPracticesfromvarioussources.TheBenchmarkdataincludedinthisdocumenthasalsobeenincorporatedfrommanysourcesincludingIMA,Hackett’sGroup,EYBestPracticesandclientstudies,CFOmagazineothers.StrategiesandPracticesaredescribedasBestInClassbecausetheyarebelievedtohavehelpedcompaniesandorganizationstoberecognizedaslea...
FinanceLeadingPracticesLeadingPracticesProductionCostInventoryLittletimespentondatacollection/manipulationUsestandardallocationsheldconstantfortheperiodElectronicapprovalofjournalsReal-timedataaccess,user-oriented,standard,GUItoolsFocusonanalysisvs.transactionprocessingEnterprise-widefinancialinformationwarehouseIntegratedreceiving,shipping,inventory,andaccountingsystemsIntegrat...
March14th,2002LeadingPracticesAccountsPayableentERPriseProjectPS8–LeadingPracticesFileNameC:MyDocuments/NMH/BusinessTransactions/AP_LeadingPractices_031402OriginalAuthor(s)StevePiotrowskiVersionDateAuthor(s)RevisionNotes1.003/14StevePiotrowskiPage2of4entERPriseProjectPS8–LeadingPracticesLEADINGPracticesModuleCurrentStateLeadingPracticeFutureStateBusinessReason(fornotdoing100%)BusinessImpactAP...
AccountingandGeneralLedgerLeadingPracticesDecember2002©2002CapGeminiErnstYoung-Allrightsreserved2OverviewThisdocumentpresentskeyleadingPracticesidentifiedforAccountingandGeneralLedgerprocessesLeadingPracticesareorganizedbythefollowingcategories:Process–relatedtothemethods,policies,andproceduresOrganization–relatedtothepeopleandorganizationalstructuresthatenabletheprocessTechnology...
HACKETTBESTPracticesRESEARCH(www.thehackettgroup.com)FinanceFixedAssetsBestPracticesSingle,commonfixed-assetapplicationestablishedwithstandardcapitalizationpoliciesDepreciationchargesandassetactivitypostedautomaticallytogeneralledgerFixedassetssetupautomaticallybasedondataaccumulatedincapitalprojecttrackingsystemManagementandaccountingreportsavailableforviewingonlineusingaWeb-basedappli...
October1,2002OutsourcingBestPracticesFactBook©2001CapGeminiErnstYoung-AllrightsreservedOutsourcingBestPracticesFactBook/Page2BusinessProcessOutsourcing(BPO)OutsourcingBestPracticesPage3ITServiceProvidersPage5BPOServiceProvidersPage9FinanceandSupplyChainManagementPage23HumanResources/PayrollPage30IT–InfrastructureManagement(IM)Page43IT–ApplicationsManagement(AM)andApplications...