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The 2007 Benchmarking Survey

BRAVE NEW WORLD OF BENCHMARKING

By staff Writer | Updated on April 01, 2007

Treasurers talk about the virtues of benchmarking, yet not that many companies engage in it, as the numbers in the first annual benchmarking survey, sponsored by Treasury & Risk and Thomson Financial, reveal. “Companies don’t get into benchmarking for a quick fix,” says Jacqueline Corbett, Thomson’s vice president of products. They are looking for results. And while only 16% reported seeing significant progress from benchmarking, Corbett is encouraged that 65% reported some degree of progress. “That should provide motivation to treasuries that don’t benchmark,” she says. The survey of 224 CFOs and senior treasury executives was circulated between March 1 and 12 2007.

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