Finance and Accounting Process Spending and Staffing Benchmark

Our Finance and Accounting (F&A) Process Spending and Staffing Benchmark study provides over 90 metrics across F&A practices in seven industries. These benchmarks allow organizations to evaluate their F&A spending and staffing levels with detailed insights. For a more customized analysis, we can handle the benchmarking for you.

By simply providing your F&A budget and staffing data, our proprietary tool, AvaMark, will generate benchmarks and deliver a comprehensive analysis.

The deliverable will be a 70+ page report that benchmarks your F&A spending and staffing ratios in three key ways: first, by comparing your data against all organizations in our extensive database; second, by benchmarking your performance against similarly-sized organizations; and third, by evaluating your results within your specific industry sector.

Our analysis includes insights into variations from benchmarks and recommendations for further investigation. Additionally, the service includes one or more web conferences with an analyst to discuss the findings.

25+ Spending Metrics

15+ Operations Metrics

30+ Staffing Metrics

20+ Services Metrics

To receive a sample deliverable for this benchmarking service, please enter your contact details below, and we’ll email you a copy.

BENCHMARKING COVERAGE FOR FINANCE AND ACCOUNTING SPENDING AND STAFFING ANALYSIS

Our benchmarking coverage spans a wide range of F&A spending and staffing metrics. Below are examples of metrics covered in the report, along with demographic comparisons such as total organization size, revenue per employee, F&A staff size, and more.

F&A Spending Benchmarks

F&A staff by personnel type (% split)
% of internal F&A personnel performing various F&A subfunctions (% split)
% of internal F&A staff that are contingent or temporary workers
% of GCC F&A personnel by subfunction (% split)

F&A Staffing Benchmarks

Total SG&A budget as a % of revenue
SG&A budget per employee
Total F&A operational budget as a percentage of revenue
% of total F&A budget by category (% split)

F&A Operations Benchmarks

Annual number of legal entities per billion dollar revenue
% of bad debt written off
Days payable outstanding
Day sales outstanding
% of invoices straight-through processed (STP)

F&A Services Benchmarks

Most important KPIs used to evaluate the F&A function
Top primary business systems for ERP
Top primary business systems for FP&A

Benefits of F&A Budget Benchmarking

There are a variety of reasons that organizations use AvaMark to evaluate their F&A spending and staffing levels. For example:

To improve F&A operational performance through better understanding of how F&A costs and staff levels compare with those of other organizations.
To justify existing or proposed levels of F&A spending based on typical budgetary ratios in similar organizations.
To develop a business case for new F&A staff positions based on typical IT staffing ratios for various functions
To evaluate the F&A spending and staffing characteristics of a potential corporate acquisition or investment target, as part of a due diligence exercise

Avasant also offers custom benchmarking studies for specific sectors or groups, allowing participants, including competitors, to benchmark their F&A spending and staffing levels without revealing their individual data. All information is confidential, and we only use it to create aggregated summary statistics.