KPI for Measuring of delay in production of financial reports posted in category Financial Management
WinningKPI - Financial Management - KPI for Measuring of delay in production of financial reports posted in category Financial Management
This indicator is for measuring of accounting cycle process; for measuring of delay in production of financial reports. More details: minimize the effort.
KPI Units: time / days
KPI Time Frame: update once a month
This KPI is aligned to "efficiency" strategic objective.
I suppose that "efficiency" is not the only strategic objective. For example, your top strategic objective might be "increase revenue", which is linked with "decrease costs" and "increase profits". That's common for most businesses.
The question is how "delay in production of financial reports" influence your primary financial objectives? What will happen if the delivery time will be 2 times more than it was promised to your client? It is something that influence a customer satisfaction?
If we are talking about financial reports for internal use, then how slow delivery affects decision making or something similar.
Sign in to comment Please, register (there is a button 'Become a member of WinningKPI community') in the right sidebar or sign in to leave comments. It is free and more - you will have scores for each comment you post.
This indicator is for measuring of accounting cycle process; for measuring of delay in production of financial reports. More details: minimize the effort.