How can benchmarking identify areas for improvement in corporate finance?

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Benchmarking is a process of comparing your company's performance, processes, and practices with those of other leading firms in your industry or sector. It can help you identify gaps, strengths, opportunities, and best practices that can enhance your corporate finance function. In this article, you will learn how to use benchmarking as a tool for improvement in four key areas of corporate finance: financial planning and analysis, capital structure and allocation, risk management, and governance and compliance.

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