Finance performance benchmarking identifies areas for improvement

Sure, you know how long it takes for your company's finance function to perform the monthly close process or issue financial statements. But how do these financial practices compare to those of finance departments at other organizations? This is a question worth exploring, according to Mary Driscoll, senior research fellow at APQC, a Houston-based nonprofit that provides expertise on business benchmarking and best practices.

In this video from the 2013 Proformative CFO Dimensions conference, held in New York City, Driscoll explains how finance performance benchmarking can help finance leaders spot areas for improvement in terms of speed, cost and productivity.

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