BPO Future Forward: 6 Benefits of the Infosys BPO Approach to F&A Benchmarking

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Post on 05-Dec-2014

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Most CFOs look for a way to draft their enterprises road-map towards top-tier operational and business performance. And most often, it is the finance and accounting (F&A) value chain that comes under scrutiny. Infosys BPO had access to over 40 F&A engagements of large enterprises across industries and undertook a massive benchmarking research. The result? An industry-leading repository of over 610 finance and accounting (F&A) benchmarking metrics 155 business metrics, 35 cost metrics, and 420 process metrics. But its the underlying approach to the benchmarking exercise that delivers value enterprises can actually measure.

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<ul><li> 1. THE FINANCE &amp; ACCOUNTING (F&amp;A) SERIES 6 benefits of the Infosys BPO approach to @Infosys_bpo #FAO F&amp;A benchmarking </li> <li> 2. THE FINANCE &amp; ACCOUNTING (F&amp;A) SERIES 6 benefits of the Infosys BPO approach to F&amp;A benchmarking Infosys BPO finance and accounting (F&amp;A) benchmarks are as detailed as they get. They present finance functions with measurable tools to plot the current state of the F&amp;A function and @Infosys_bpo #FAO arrive at a roadmap towards top-tier operational and business performance. </li> <li> 3. 1 THE FINANCE &amp; ACCOUNTING (F&amp;A) SERIES 6 benefits of the Infosys BPO approach to F&amp;A benchmarking @Infosys_bpo #FAO An industry-leading repository of over 610 F&amp;A benchmarking metrics 155 business, 35 cost and 420 process metrics 2 The benchmarking analyses each process and process step across four overarching F&amp;A processes procure to pay, order to cash, record to report, financial planning and analysis COMPREHENSIVE SPANS THE ENTIRE FUNCTION </li> <li> 4. 3 THE FINANCE &amp; ACCOUNTING (F&amp;A) SERIES 6 benefits of the Infosys BPO approach to F&amp;A benchmarking @Infosys_bpo #FAO The benchmarking exercise can tell any CFO whether their finance function is average, laggard or best in class 4 The benchmarks factor differences across industries, technologies, process designs, skillsets, and client dependencies they are also normalized for constraints (e.g. legacy vs. ERP, geographies, languages) ASSESSES FUNCTION PERFORMANCE AN APPLES-TO-APPLES COMPARISON </li> <li> 5. 5 THE FINANCE &amp; ACCOUNTING (F&amp;A) SERIES 6 benefits of the Infosys BPO approach to F&amp;A benchmarking @Infosys_bpo #FAO The output of the benchmarking exercise ties into the Infosys Business Value Realization (BVR) framework, which helps in continuous improvement, while laying the groundwork for innovation and transformation projects 6 The benchmarking identifies various effectiveness measures and change enablers for a process, all while tracing its impact on a desired business outcome VALUE REALIZATION AT EVERY STEP MAPS PROCESS METRICS TO BUSINESS OUTCOMES </li> <li> 6. THE FINANCE &amp; ACCOUNTING (F&amp;A) SERIES 6 benefits of the Infosys BPO approach to F&amp;A benchmarking @Infosys_bpo #FAO FIND OUT MORE Blog post READ White Paper READ Infographic VIEW Network with industry leaders at InfosysBPO.com/community InfosysBPO.com/BPOFutureForward </li> </ul>