The capabilities of software these days are endless, so it comes as no surprise that ERP publishers promote dashboards and “information at your fingertips” to business leaders. I believe recognizing successes and potential problems from the statistics helps me take action toward continuous improvement. The cost of not taking action pales in comparison to understanding and acting on the information you have.
BTerrell Group Blog
When it comes to staying on top of company performance, industry-specific KPIs such as new projects booked per month and A/R aging as well as company-specific KPIs are imperative for CFOs and Presidents of professional service organizations to know. Unfortunately, the information isn’t always real-time, which makes it ineffective.