In some scorecard I saw financial perspective was located on the bottom of BSC diagram. Managers in such organizations treat finance as a resource and don’t want to have it on the top. The problem with this approach is that it will be hard to track the cause-and-effect logic of such ...
Risk management is a highly important issue for Fintech companies; moreover, it is very specific and puts forward the serious requirements toward the top management of any financial institution. This study was devoted to specifying the risk factors affecting the finance and capital adequacy of finan...
Studies show that you need to collect payments in a 2 month period, or your chances for successful collection go down significantly. These KPIs are applicable in the US and are less applicable in Europe. For example, in Spain, dental practices work on an upfront payment scheme. Source: Dent...
Cash flow.Key financial indicators to ensure positive dynamic of the cash flow. Below you will find examples of the performance metrics (KPIs if you want) together with some use instructions. Make sure you have those metrics on your dashboard, especially during crisis times. ...
Adding this KPI to your Geckoboard dashboard is particularly useful for monitoring the success of a promotion. You can watch your GPM and see how it changes over the lifetime of the campaign. If you’re adding gross profit margin to your dashboard, here are a few other ecommerce KPIs yo...
Whichfinancial KPIswould you like to use to track your marketing activities’ performance? Can you calculate the number of sales needed to earn your pre-determined revenue? The non-financial goals of your marketing plan should include: How have the marketing efforts led to an increase in traffic...
MROI can be used to calculate the overall profitability of your marketing efforts, a single channel or campaign, or even the ROI of media spend (paid advertising). Remember to consider the non-financial elements that may boost your brand too. ...
KPIs in this plan have been marked with Xs so that you can fill in your own company’s targets when you adapt it. How is the plan structured? This plan has been written for ZUKA, a fictionalized UK-based life insurance provider, and it is structured into the following sections: ...
It goes without saying that less churn is always better, but estimating an upper-bound for churn can be helpful for financial modeling and internal prioritization of customer success efforts.” - Tom Tunguz, Partner at Redpoint VenturesAdditional NotesFor a more thorough look at churn rate bench...
Financial performance indicators, also known askey performance indicators(KPIs), are quantifiable measurements used to determine, track, and project the economic well-being of a business. They act as tools for both corporate insiders (like management and board members) and outsiders (like research ana...