The accounting department spends the bulk of its time processing standard transactions, such as billings, cash receipts, expense report processing, and payments to suppliers. Accordingly, many of the measurements in this post focus on the efficiency of these types of activities. There are also measurements covering the payroll, general ledger, taxation, collections, and treasury functions. A key problem with all of the measurements noted in this post is that the accounting department is usually responsible for compiling the performance measurements [...]