About site: Accounting/Associations - Accounting and Finance Benchmarking Consortium
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  About site: http://afbc.org

Title: Accounting/Associations - Accounting and Finance Benchmarking Consortium Association of accounting and finance professionals in companies identifying the practices that improve the overall operations of the members.
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Accounting and FinanceBenchmarking Consortium™

A Service of The Benchmarking Network, Inc. - linking over 140,000 members and participants for over 16 years.

Over 4,300 Members & Participants An association of accounting and finance professionals in companies that conducts benchmarking studies toidentify the practices that improve the overall operations of the members. Key Study Areas Upcoming Roundtables   Other Related Accounting Sites Abandoned Property Management Accounting and Finance Accounts Payable Accounts Receivable Activity Based Costing Asset Management Asset Tracking Billing Process Management Budgeting, Planning and Forecasting Capital Asset Management Capital Expenditure Capital Project Management Corporate Cost Reduction Corporate Financial Risk Management Corporate Planning Credit and Collections Federal Credit Unions Financial Services and Banking Internal Auditing Outsourcing Payroll Management Pricing Management Project Management Remittance Processing Risk Management Sarbanes-Oxley Act of 2002 Shared Services Statement Processing Supplier Costs Technical Accounting Total Cost of Ownership Transfer Pricing Treasury Management

Purpose

To identify "Best in Class" business processes, which, when implemented, will lead member companies to exceptional performance as perceived by their customers.

AFBC™ Objectives

To conduct benchmarking studies of important business processes. To create a cooperative environment where full understanding of the performance and enablers of "best in class" business processes can be obtained and shared at reasonable cost. To use the efficiency of the consortium to obtain process performance data and related best practices from non-industry companies. To support the use of benchmarking to facilitate process improvement and the achievement of total quality.

AFBC™ Membership

The scope of AFBC™ membership includes those organizations that require a more detailed understanding of accounting and finance in support of their core business(es). Company membership will be considered with respect to compliance with AFBC™ mission, goals and operating guidelines, as well as qualification of the organization within the scope of membership. Participation in specific efforts will be optional and open only to members with costs shared by the participants. Companies in the consulting industry and others likely to resell the data are not considered for membership Benefits of Membership AFBC™ Paid Studies: AFBC™ will identify and present to members opportunities to participate in Benchmarking studies on various topics addressing issues of importance to accounting and financial professionals. There are two types of Benchmarking studies provided: Consortium studies are offered to the membership as a whole with costs divided. Single company sponsored studies addressing the interest of one member company can be offered to other selected members for no fee. The association will also support accounting and financial benchmarking efforts: Research - Access public and private databases. Identify study participants - Top companies in a variety of industries Collect data - Manage response collection with the participants as a third party. Lead site visits - Structured with best participants. Roundtables: Interest group roundtables will be organized throughout the year. Members will pay a nominal fee to join real and virtual roundtable discussions that address specific processes. Cost: Currently, membership in AFBC™ is FREE! Costs of studies are shared by the participants.   Current Benchmarking Initiatives Click topic for more info To find out more information: Call (281) 440-5044 or
 

Association

of

accounting

and

finance

professionals

in

companies

identifying

the

practices

that

improve

the

overall

operations

of

the

members.

http://afbc.org

Accounting and Finance Benchmarking Consortium 2008 September

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Association of accounting and finance professionals in companies identifying the practices that improve the overall operations of the members.

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