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.
Metric of the Month: Total Cost of Budgeting and Forecasting
Strong business partnering from finance helps ensure that the costs of planning, budgeting, and forecasting are well-spent.
Metric of the Month: Formal Succession Planning Lacking
Proper succession planning at all levels ensures strong bench strength in finance and other areas.
Metric of the Month: Percentage of Approved Capital Projects Considered Within or On Budget
The visible and hidden costs of over-budget capital projects can cause issues for organizations, but agile approaches can help.
Metric of the Month: Number of Accounts in the Chart of Accounts
An unwieldy chart of accounts can cause significant headaches for chief financial officers.
Metric of the Month: Establishing the Daily Cash Position
Establishing a daily cash position can be a labor-intensive process for some organizations — but it doesn’t have to be.
Metric of the Month: Finance FTEs Per $1B in Revenue
More finance organizations are finding that it’s better to have a smaller, highly strategic team than an army of workers focused on transactional activity.
Metric of the Month: Business Entity Revenue Per Employee
Employee productivity is closely linked to organizational revenue. But how much revenue should each employee be expected to generate?
Metric of the Month: Automated Primary Controls
Automation can process more internal controls data in less time, with greater accuracy, pinpointing suspicious activity that manual auditing might miss.
Metric of the Month: Cycle Time to Prepare the Financial Forecast
Getting accurate information in a timely fashion is the difference between getting caught in a storm and being prepared for whatever conditions lie ahead.