The report by Robert Half provides insights into workforce management, financial systems, and compliance among various company types, highlighting that 90% of Canadian and 78% of U.S. companies use ERP systems as their primary financial system. It notes trends in temporary staffing, manual account reconciliations, and rising costs of compliance, with significant challenges faced by companies with higher revenues. The document emphasizes the importance of utilizing data for improving business processes and workforce management strategies.

1. © 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

2. 2
2
Paul McDonald
Senior Executive Director
Robert Half
www.roberthalf.com
Tom Thompson
Senior Associate, Research
Financial Executives
Research Foundation
www.ferf.org
Report Authors
© 2014 Robert Half. An Equal Opportunity Employer M/F/D/V. All rights reserved.
This material is the confidential property of Robert Half Technology.
Copying or reproducing this material is strictly prohibited.
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

3. 3
Benchmark Report Overview
Workforce Management
Sourcing
Internal Controls
and Compliance
Financial Systems
Accounting Operations
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

4. 4
Methodology and Demographics
Company Type
62%
Private
3%
Government
15%
Nonprofit
20%
Public
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

5. 5
Methodology and Demographics
Annual Revenue
35%
Less than
$25M
6%
$500M-
$999M
20%
$100M-
$499M
27%
$25M-
$99M
8%
$1B-
$4.9B
5%
$5B
and over
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

6. 6
Workforce
Management
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

7. 7
Staff Allocation
21%
Accounting
15%
A/P
11%
A/R
Top 3:
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

8. 8
Percentage of Financial Staff Who Are Temporary
8%
of staff in U.S.
are temporary.
5%
of staff in Canada
are temporary.
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

9. 9
Interim Staff Fluctuation
The largest companies ($5B
and up) are most likely to flex
up and down their use of
interim professionals.
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

10. 10
Accounting
Operations
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

11. 11
General Ledger Accounts
19%
Among executives surveyed
this year, 15% in the U.S. and
19% in Canada indicated they
reconciled anywhere from 501
to more than 10,000 accounts
at least quarterly.
15%
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

12. 12
Tool/System Used For Account Reconciliations
66%
of Canadian
executives said
they reconcile
accounts
manually.
59%
of U.S.
executives said
they reconcile
accounts
manually.
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

13. 13
Financial
Systems
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

14. 14
Primary Financial System
ERP
90%
78%
More than three-quarters (78%) of U.S.
companies and 90% of Canadian companies use
an ERP system as their primary financial system.
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

15. 15
Long-Term Planning Tools
70%
of Canadian
executives use
Microsoft Excel.
73%
of U.S.
executives use
Microsoft Excel.
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

16. 16
Sourcing
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

17. 17
Outsourced Functions
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.
Payroll
42%
37%
47%
42%
Taxes

18. 18
Internal Controls
and Compliance
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

19. 19
Number of Key Controls
21%
of companies with revenues of $5B and higher
manage between 1,001 and 2,500 key controls.
In comparison, none of the biggest companies
reported managing such a high number of key
controls last year.
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

20. 20
Cost of Compliance
48%
of U.S. companies surveyed said their cost of
compliance is rising, while only 1% said costs are
falling.
41%
of Canadian companies surveyed said their cost
of compliance is rising as well, while only 3% said
costs are falling.
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

21. 21
Putting The Data To Work
• Not just what you know – but what you do with the
knowledge
• How will you use this data?
• Which areas of focus are most critical?
– Business processes and efficiencies
– Workforce management approach
– Technology
• Determine priorities and next steps
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.

22. Download Full Report
© 2014 Robert Half International Inc. An Equal Opportunity Employer M/F/D/V.