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.
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.
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.