ERP finance modules also support more strategic analyses of an organization’s performance against key performance indicators (KPIs), broader trends affecting the business, and underlying drivers of profitability. Practically every echelon of the finance department uses the ERP finance system every day, ...
Regular reporting and analysis of credit management metrics are vital for assessing the effectiveness of the credit management process. Key performance indicators (KPIs) such as average collection period, bad debt ratio, and credit utilization are monitored to identify areas for improvement. How to Cre...
What to look for in an OKR tool OKR frequently asked questions What is the difference between OKRs and KPIs? What is the difference between OKRs and SMART targets? How do you prioritize OKRs in light of other priorities? Should you give compensation ...
Maintain accurate records of hardware purchases, contracts, and warranties. When any hardware asset is acquired, details such as vendor details, acquisition date, purchase cost, recommended lifespan, etc., are recorded. These records help identify underutilized assets and avoid unnecessary purchases. ...
TOP TIP: Don’t go overboard with the number of KPIs. Less is more in this case, and will give you a clearer picture of your performance. Creating simpler weekly reporting dashboards might do the trick, just like it did for Richard Baker of TWC IT Solutions and his team:...
of an organization’s performance against key performance indicators (KPIs), broader trends affecting the business, and underlying drivers of profitability. Practically every echelon of the finance department uses the ERP finance system every day, from the most senior finance executives such as the ...
How to Write a Recruiting Email That Actually Works Top 11 Executive Search Challenges and Tips to Mitigate Them Recruitment Database: Your Key to Uncovering Top Talent Leave a Comment Save my name, email, and website in this browser for the next time I comment. ...
As with all your business process automations, it’s important to continually monitor and refine your document workflows to make them as efficient as possible. Gather feedback from the people who use the workflow every day, and monitor the adoption rate and your KPIs to make sure it’s workin...
Predict EXACTLY which products will deliver the optimal mix of profit margin and sales volume. In this free guide, you’ll discover 9 crucial KPIs to track and the 8 steps to predict how much stock you need to meet demand WITHOUT obsolete inventory piling up. Download your free guide to in...
Most CRMs have dashboards and reporting built-in, many of which offer customizations to tailor those dashboards to your pipelines and processes. At the same time, a lot of platforms don’t provide deep customizations that enable you to customize reports, dashboards and KPIs that fit your bu...