How timely is the information the finance and accounting department provides to the rest of your company?
You answered: Somewhat timely: Most information is available when needed but some is not.
Ventana Research assessment: A critical measure of the effectiveness of a finance and accounting organization is how quickly it provides financial and management information to the rest of the company. Fifty-six percent of companies in our benchmark research characterize their performance as somewhat timely. An inability to provide all of the information a company needs can hurt its financial performance, especially if delays prevent decision making and responses to opportunities. The finance and accounting department should be finding ways to make all necessary information available sooner. A faster, more efficient close process may be part of the solution.

The Effective Close Self-Assessment