Perry D. Wiggins, CPA
Metric of the Month: Number of Budget Versions
Use these three strategies for a faster, stronger, and more realistic budget.
Metric of the Month: Cash-to-Cash Cycle Time
APQC found that top performers on this measure have a CCC of 33.2 days or less on average, while bottom performers take 74 days or longer.
Metric of the Month: Uncollectable Balances as a Percentage of Revenue
It’s more important than ever to know how much bad debt your company holds.
Metric of the Month: Total Cost to Reward and Retain Employees
Now is the time to take care of your best asset — your people.
Short-Term Cash-Flow Forecasting: Metric of the Month
An efficient short-term forecasting process will save CFOs time and help them make better decisions to keep the business strong.
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.