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.
Metric of the Month: Learning Days Per Employee
Investing in employees’ ongoing learning helps organizations attract, retain, and develop new and high-potential talent.
Metric of the Month: Number of Budget Versions
How many revisions should it really take to finalize an enterprise-wide budget?
The Real Cost of Invoicing: Metric of the Month
Invoicing can be an expensive process that involves intensive manual data entry, revisions, approvals, and bookkeeping.
Metric of the Month: Days Sales Outstanding
Collections are key to a low days sales outstanding (DSO) number — and the faster the money comes in, the more breathing room an organization has.
Metric of the Month: Shared Services
The best-performing shared services centers (SSCs) accomplish more work with fewer employees.
Metric of the Month: Cycle Time for Monthly Close
There’s one big factor that’s key to shaving time off of this monthly process: good quality data.
Metric of the Month: Accounts Payable Cost
Manually entering invoices into the general ledger has a negative influence on the total cost of processing accounts payable per invoice.
Metric of the Month: Finance Function Cost
CFOs should decide how to balance their focus on the cost of the finance function versus its strategic value.