GPS for Finance Function Performance Improvement?Deloitte’s finance benchmarking study offers pinpoint relevancy for high-value performance insight |
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A Deloitte Global Benchmarking Center (GBC) study among technology companies – including Oracle, Logitech and McAfee – found that finance cost-reduction initiatives could yield savings of $4.7 million per $1 billion in revenue.
Are your finance costs in line?
Finance Diagnostic for Technology – High-value, low-effort insights for meaningful improvement
Compare your finance-function performance with 79 performance measures across 5 process categories: Transaction processing, general accounting and external reporting, controls, tax and treasury, and performance management. Multiple peer-group options provide a level of relevancy only available at Deloitte:
- Technology
- Technology, small (<$1B)
- Technology, large (>$1B)
- Technology, global giants (> $5B)
- Technology, non-manufacturing
- Hardware
- Hardware, small (<$1B)
- Hardware, large (>$1B)
- Computer and Peripheral Equipment Manufacturing (NAICS 3341) and Communications Equipment Manufacturing (NAICS 3342)
- Semiconductor (NAICS 3344)
- Software
- Software, small (<$1B)
- Software, large (>$1B)
- Manufacturing
- Manufacturing, large (>$5B)
- Manufacturing, medium (between $1B and $5B)
- Manufacturing, small (< $1B)
- Service
- Service, small (< $1B)
- Service, medium (between $1B and $5B)
- Service, large (> $5B)
- Service, global giants (> $5B)
An executive summary of the most recent study is now available. Download the pdf below.
How will my company benefit?
The study is designed to provide detailed insights with technology-industry relevance. Benchmark results can assist companies in the identification of key improvement opportunities. Our deep industry knowledge coupled with an empirical assessment can provide executives with a basis for identifying and prioritizing process improvements.
The study offers technology companies the following benefits:
- Low Investment: Focused, carefully selected data points require limited resources to collect data
- High Impact: Results draw attention to critical improvement needs and highlight areas for further evaluation
- Business Focused: Allows for attention where you need it most — divisions, regions, corporate level — for internal as well as external comparisons with industry peers
- Actionable Insights: Results — presented through a diagnostic report and debriefing program — uncover improvement opportunities and provide an initial foundation for change
How can I sign up?
For further details regarding this study or other Deloitte benchmarking programs, please contact the Global Benchmarking Center at Benchmarking@Deloitte.com
About the Global Benchmarking Center
Deloitte’s Global Benchmarking Center provides executives with industry-specific process performance metrics and related leading practices through its ongoing benchmark studies. These repeatable studies – especially useful for continuous improvement – provide unparalleled insight into performance in multiple functions and across industries. The hallmark of the GBC’s studies is a discretely defined taxonomy that allows for apples-to-apples comparisons between companies and within companies.
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As used in this document, ‘Deloitte’ means Deloitte LLP (and its subsidiaries). Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
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Finance Diagnostic for High Technology - 2009 Executive Summary