Scribd
Upload
50 views

5.02 Benchmarking Report

The benchmarking report analyzed two critical business processes - processing of vendor invoices and processing of timesheets - across four major projects. For vendor invoice processing, the percentage of vendor costs correctly posted to the project management system ranged from 68-100% across projects and months. Timesheet submission rates varied between projects and pay periods but averaged 82% for invoice processing and 88% for timesheet processing.

Uploaded by

nsadnan
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
50 views

5.02 Benchmarking Report

The benchmarking report analyzed two critical business processes - processing of vendor invoices and processing of timesheets - across four major projects. For vendor invoice processing, the percentage of vendor costs correctly posted to the project management system ranged from 68-100% across projects and months. Timesheet submission rates varied between projects and pay periods but averaged 82% for invoice processing and 88% for timesheet processing.

Uploaded by

nsadnan
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
You are on page 1/ 2

Benchmarking Report for Cost Data Integrity Project

Two Critical Processes / Four Major Projects

Processing of Vendor Invoices


Benchmark > Percentage of vendor invoice costs that was successfully posted in the Project Management System. Compare on an invoice by invoice
number basis all monthly entries per the General Ledger against the Project Management System. What % of cost was correctly posted?

Project Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08

D001196QC02 77% 68% 70% 83%


D002743LB02 73% 75% 69% 82%
D008763VM01 90% 91% 100% 91%
D009441GS02 81% 86% 82% 79%
Best in Class 90% 91% 100% 91%
Average Performance 80% 80% 80% 84%

Processing of Vendor Invoices


120%
% of Vendor Cost Posted

100%

80% D001196QC02
D002743LB02
60%
D008763VM01
D009441GS02
40%

20%

0%
Oct-07 Nov-07 Dec-07 Jan-08

Cost Data Integrity Project 1


Benchmarking Report for Cost Data Integrity Project
Two Critical Processes / Four Major Projects

Processing of Timesheets
Benchmark > Percentage of assigned employees who submitted a timesheet on time within the Project Management System.

Project 10/12/2007 10/26/2007 11/9/2007 11/23/2007 12/7/2007 12/21/2007 1/4/2008 1/18/2008 2/1/2008 2/15/2008 2/29/2008 3/14/2008

D001196QC02 71% 72% 70% 90%


D002743LB02 73% 70% 71% 80%
D008763VM01 90% 91% 90% 91%
D009441GS02 92% 93% 91% 91%
Best in Class 92% 93% 91% 91%
Average Performance 82% 82% 81% 88%

Processing of Time Sheets


100%
90%
% of Timesheets Entered

80%
70%
60% D001196QC02
50% D002743LB02
40% D008763VM01
30% D009441GS02
20%
10%
0%
10/12/2007 10/26/2007 11/9/2007 11/23/2007
Pay Period

Cost Data Integrity Project 2

You might also like