ACCOUNTSPAYABLETheaveragebillion-dollarcompany...AverageIstQuartile0.06%0.04%FTEs/$Billion15.0811.02has11.9staffmembersforeverymanager17,04720,113utilizes2applicationsforthisprocess$2.59$1.63CostAsA%OfRevenuecorrects5%oftheinvoicesbecauseoferrorsTransactions/FTECost/Transactionuseswebtechnologyprimarilyforrequisitioningprocesses257,126vendorinvoicesannuallyACCOUNTSRECEIVABLETheaveragebillion-dollarcompany…corrects3%oftheremittancesforerrorshas10staffmembersforeverymanagerAverageutilizes1.6applicationsforthisprocess0.03%FTEs/$Billion7.28processes490,204remittancesannually76,999$0.58CostAsA%OfRevenueuseswebtechnologyprimarilyforcommunicationtooperationsmanagementTransactions/FTECost/TransactionIstQuartile0.02%3.2396,534$0.37BILLINGTheaveragebillion-dollarcompany...Averagecorrects4%ofthecustomerbillsforerrors0.04%has12.2staffmembersforeverymanagerFTEs/$Billion7.96utilizes1.6applicationsforthisprocess195,183$0.27processes1,554,551customerbillsannuallyCostAsA%OfRevenueTransactions/FTEuseswebtechnologyprimarilyformanagementreportingrelatedtobillingCost/TransactionIstQuartile0.02%3.54206,960$0.18BUSINESSPERFORMANCEANALYSISTheaveragebillion-dollarcompany...Average0.04%has2.2staffmembersforeverymanagerFTEs/$Billion4.48utilizes1.7applicationsforthisprocessCostAsA%OfRevenueuseswebtechnologyprimarilyfordistributionofanalysisresultsorotherkeyperformanceindicatorsIstQuartile0.02%2.28BUSINESSPERFORMANCEREPORTINGTheaveragebillion-dollarcompany...Average0.04%has3.4staffmembersforeverymanagerFTEs/$Billion6.38utilizes2.5applicationsforthisprocessCostAsA%OfRevenueuseswebtechnologyprimarilyfordistributionofstandardreportsIstQuartile0.02%3.19BUDGETINGTheaveragebillion-dollarcompany...Average0.04%Goesthrough5budgetiterationsFTEs/$Billion4.63has2.3staffmembersforeverymanagerutilizes2.7applicationsforthisprocessCostAsA%OfRevenueuseswebtechnologyprimarilyfordistributionofbudgetinginstructionsIstQuartile0.02%2.83CASHMANAGEMENTTheaveragebillion-dollarcompany...save4%oftheirbankfeesbycatchingbankerrorsAveragehas4.4staffmembersforeverymanager0.01%utilizes0.9applicationsforthisprocessFTEs/$Billion2.1CostAsA%OfRevenueuseswebtechnologyprimarilyformanagementreportingrelatedtocashmanagement/cashflowIstQuartile0.01%1.05COLLECTIONSTheaveragebillion-dollarcompany...Average0.03%has9.1staffmembersforeverymanagerFTEs/$Billion6.39utilizes1.3applicationsforthisprocess4,733makes30,249collectioncallsannually$9.83useswebtechnologyprimarilyforauthorizationtoreleasecreditholds(frominternalmanagement)CostAsA%OfRevenueTransactions/FTECost/TransactionIstQuartile0.01%2.068,113$5.90EXTERNALREPORTINGTheaveragebillion-dollarcompany...corrects3%oftheexternalreportsforerrorsFTEs/$Billionhas2.8staffmembersforeverymanagerutilizes1.4applicationsforthisprocessfiles27%ofitsreportselectronicallyon-lineCostAsA%OfRevenueAverageIstQuartile0.01%0.01%1.741.03FINANCEMANAGEMENTTheaveragebillion-dollarcompany...Average0.05%Paystheiremployees$104,197insalariesandbenefitsFTEs/$Billion3.91has0.6staffmembersforeverymanagerCostAsA%OfRevenueIstQuartile0.03%2.33FIXEDASSETSTheaveragebillion-dollarcompany...has6.7staffmembersforeverymanagerFTEs/$Billionutilizes1.4applicationsforthisprocesstracks63,475assetsannuallytags31%ofitsassetsCostAsA%OfRevenueTransactions/FTEuseswebtechnologyprimarilyforinquiriesbylocationmanagers/employeesCost/TransactionAverageIstQuartile0.01%0.01%2.391.7426,59434,088$2.09$1.30FORECASTSTheaveragebillion-dollarcompany...AverageIstQuartile0.03%0.01%utilizes2.1applicationsforthisprocessFTEs/$Billion3.21.49has2.1staffmembersforeverymanagerreforecastsmonthlyCostAsA%OfRevenueuseswebtechnologyprimarilyforsubmissionofforecastinformationGENERALACCOUNTINGTheaveragebillion-dollarcompany...Average0.07%Takes5.5daystocloseitsbooksand3.8daystoreportFTEs/$Billion12.46has4.9staffmembersforeverymanagerutilizes2.1applicationsforthisprocessCostAsA%OfRevenueuseswebtechnologyprimarilyfordistributionofmonthlyreportingIstQuartile0.05%8.15PROJECTACCOUNTINGAverageIstQuartile0.01%0.01%1.531.28Theaveragelargemanufacturingcompany...CostAsA%ofRevenueTracks413projects(capitalandnon-capital)perFTEthroughtheprojectaccountingsystemFTEs/$Billion--LargeMfg.CompanyTRAVEL&EXPENSETheaveragebillion-dollarcompany...Average0.01%corrects8%oftheexpensereportsbecauseoferrorsFTEs/$Billion2.3has8.9staffmembersforeverymanager9,255utilizes1.5applicationsforthisprocess$4.84processes21,328expensereportsannuallyCostAsA%OfRevenueTransactions/FTECost/TransactionuseswebtechnologyprimarilyformakingtravelreservationsIstQuartile0.01%1.213,260$2.05TREASURYMANAGEMENTTheaveragebillion-dollarcompany...Averagehas1.9staffmembersforeverymanager0.01%utilizes0.6applicationsforthisprocessFTEs/$Billion1.19useswebtechnologyprimarilyforcommunicationwithbanksCostAsA%OfRevenueIstQuartile0.01%0.62
