FP&A
Industry Benchmark Reference for SG&A Expenses as a Percentage of Net Sales
A U.S. distribution company with annual sales of approximately $200 million, 700 employees, and 3,000 SKUs, during the implementation of a 'lean' initiative, needs industry benchmarks for SG&A expenses as a percentage of net sales for IT, marketing, finance, and human resources. Although simplified comparisons have limitations, the company aims to gather as many data sources as possible to support internal reporting.
Earnings Quality Report: Standard Templates and Practical Guidelines in Private Equity Due Diligence
Private equity funds often require target companies to provide an "Earnings Quality Report" during investment due diligence. This report is not a statutory audit report but a financial due diligence tool used to assess the sustainability of earnings and cash conversion capability. Currently, there is no unified mandatory template in the industry, but widely recognized frameworks and best practices exist. Based on practical Q&A, this article analyzes the report's purpose, common structure, and key preparation points.
Exploring the Legality of Employing Sales Directors on a Pure Commission Basis: A California Perspective
Companies intending to hire sales directors on a pure commission basis (solely sales commissions plus stock options) must assess California labor law's strict requirements regarding minimum wage, exemption classification, and commission agreements. Based on the existing legal framework, this article outlines key compliance issues.
How to determine your rate when collaborating on a retainer basis?
This article discusses methods for determining rates when consultants collaborate with clients on a retainer basis, inviting practitioners to share pricing experiences and potential challenges.
Employee Expense Reimbursement Processing Cycle: Industry Common Practices and Discussion on Reasonable Deadlines
This article discusses the processing cycle for employee expense reimbursements, focusing on how a mid-sized company of approximately 300 employees sets reasonable expense submission deadlines when transitioning from payroll-based reimbursements to weekly ACH transfers. It retains key data from the original question (such as a 5-day lead time, a maximum of 100 reports per week, and an average of 200 reports per month) and the current workflow with a single processing person, aiming to provide a reference benchmark for similar companies.
Practical Discussion on Optimizing Travel and T&E Expense Management Processes
A mid-sized technology company with offices on three continents, with an annual T&E budget of approximately $1.5 million, currently relies on internal resources to manage travel, and faces issues such as low expense visibility and cumbersome reimbursement processes. The company is considering improving its travel management processes either overall or in stages, and looks forward to industry recommendations.
Establishing a Credit Card Reconciliation Process: How to Automatically Match Procurement Card Transactions with Receipts
The user currently faces a credit card reconciliation challenge: all expenses are made through procurement cards, with no travel expense reimbursements, but electronic receipts cannot be matched to specific credit card transactions. The user wants to upload transactions in batches by employee (card) and generate reports for employees to supplement receipts. This article analyzes the requirements and proposes a system implementation approach.
Key Metrics for Measuring Financial Planning & Analysis (FP&A) Team Performance: Q&A from Webinar Audience
During the Proformative webinar 'Finance Transformation: Core Elements Driving Success,' an audience member asked how to set appropriate KPIs and metrics for FP&A teams. This article revisits that question, includes a link to the webinar video, and invites insights from all.
Post-Merger Employee FAQ Template Request
A user named Rick asks on a forum if anyone has an FAQ template for addressing employee questions after a merger, mentioning that he had compiled one years ago but has lost it.
Exploring Market Standards for Fundraising Referral Fees
This article discusses the market standards for finder's fees in financing rounds ranging from $1 million to $5 million, outlining current industry practices regarding fee ranges and influencing factors, and invites practitioners to share practical experiences.