Perry D. Wiggins, CPA
Metric of the Month: Days Sales Outstanding
Strategies for faster payment collection in a cash-strapped crisis.
Increase DPO, If You Can: Metric of the Month
In uncertain economic times, companies need liquidity. But they also need strong supplier relationships.
Metric of the Month: Detect and Prevent Duplicate or Erroneous Payments
Duplicate or erroneous payments can be financially damaging, but they can be prevented.
Metric of the Month: Total Cost to Manage and Process Collections
Smart companies take a strategic approach to spend less on collections.
Total Cost to Perform the Finance Function: Metric of the Month
The right structure, processes, technology, and people help organizations increase finance function effectiveness while growing the bottom line.
Metric of the Month: Days to Perform a Site-Level Annual Close
The process can be made faster and easier by performing pre-close activities throughout the year in the run-up to the annual close.
Metric of the Month: Cycle Time To Perform a Financial Evaluation of New Products
Leading companies bring finance into the new product or service design process early for faster and more forward-looking financial evaluation.
Metric of the Month: Return on Invested Capital
Strategic CFOs know that smart investors look for organizations that effectively invest capital where it generates the best returns.
Metric of the Month: Days Cash on Hand
Strong cash reserves help you prepare for the unexpected — whether good or bad.
Metric of the Month: How Quickly Businesses Adapt to New Risks
When a risk becomes a reality, top performers act to change policies and strategies quickly.
Metric of the Month: Total Cost to ‘Manage Taxes’
Corporate taxes are unavoidable, but you can be smart about your spending for tax management and strategy.