To identify "Best in Class" accounts payable management processes, which, when implemented, will lead member companies to exceptional performance.
The Accounts Payable Management Benchmarking Consortium (APMBC) is an association of companies whose members conduct benchmarking studies to identify the best practices surrounding Accounts Payable Management that improves the overall operations of the members.
Benchmarking is a collaborative learning process among a group of companies to focus on specific operating practices, compare measures and results and identify improved processes within their organizations.
Key Components
Data gathering in the form of detailed surveys of measures and processes;
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The Benchmarking Network, Inc. is an international resource for business process research and metrics. We lead studies with over 140,000 process leaders in over 165 countries. We provide benchmarking training and research to individual companies, professional and trade associations, and industry and process based groups. Since 1992, our over 300 benchmarking studies have spanned virtually all processes and industries to identify measures and collect data to identify best practices including:
Outsourcing Your Benchmarking
The key reasons that organizations outsource internal services include:
Outsourcing Benchmarking makes sense. Our clients have continually used our services to manage projects and facilitate the findings. We network over 5,000 process owners involved in Benchmarking and maintain relationships with key organizations that provide linkage to additional contacts. This allows us to forge out a custom group of Benchmark companies to meet very specific client needs.
Free Membership
Benefits of membership include:
Contact The Benchmarking Network Locally
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