Finance Budget & Efficiency Benchmark

Compare your spending and staffing plans to peers to drive finance function performance, justify finance and technology investments, and support cost optimization discussions.

How the Finance Budget & Efficiency Benchmark Supports Finance Leaders

How the Finance Budget and Efficiency Benchmark supports finance leaders:

Benchmark finance spend and staffing

  • Establish a baseline of total finance spend and staff 
  • Determine finance spend as a percent of revenue
  • Compare spend to industry peers
  • Inform and validate budgeting decisions
  • Refine finance transformation strategy

Identify areas for cost optimization and investment

  • Assess which finance processes are over- or under-invested
  • Benchmark organizational investments relative to peers'
  • Justify finance technology investments
  • Compare spend in IT, HR, marketing, and legal functions

Influence spend and staffing decisions

  • Drive informed resource discussions with IT, HR, marketing, and legal functions
  • Communicate performance to senior management and the board
  • Adjust peer comparison groups to access the most relevant metris and dashboards to influence decision-making

Compare key business metrics and allocate resources effectively

Identify opportunities to reduce costs and improve operational efficiency

Build business cases for new investments or defend existing investments

Ensure successful long-term functional and organizational strategic planning

Increase productivity and finance transformation success

Download a sample Budget & Efficiency Benchmark report

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