Value Added Finance Resources

Key Metrics

What gets measured gets done!  Is your eye on the ball?  Call you quickly put your finger on the pulse of your business each day?  Or do you have to wait for the end of the week or month?

It's also important to measure the right things.  Are you capturing the metrics that really drive your business?  Do you have good information?  Is it consistent with your final results or do you get hit with surprises?

There's more.  Are your metrics getting out to the right people?  Can they improve the results?  Does it capture the essence of what drives them to achieve every day?

We help clients develop all these components of key metrics and turn them into good daily dashboards:

  • Measuring the right information
  • Getting the information right
  • Delivering the information deep enough to the right people

For example, at a pharmaceutical firm, when we first came the financials were very late the cost information was very unreliable.  Over time, we changed all that.  Each morning, people in the company could see a one page summary of results up to date with the prior day and know in under a minute how the company was doing.  This was just one of many steps that took the firm from near bankruptcy to earning 56% net income on sales from its manufacturing operations.

We would love to learn about your key drivers.  Give us a call and we can explore on we can get you and your people more in touch with the business on a daily basis.