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Top 5 Financial KPIs for the CXO

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Let’s say you got up this morning with a headache. You know from experience that it’s a small niggle, and it will go away on its own. But what if you got up tomorrow morning, and the headache got worse? If an aspirin doesn't help, you will surely go to a doctor, and most likely get some diagnostic checks done. A KPI (key performance indicators) dashboard is like a diagnostics report of various parameters that reflect the health of your business. KPI’s help you measure your business’s financial health. You can define KPIs for different areas of your business, from HR, Finance, Marketing to Operations. You can combine these KPIs to arrive at an overall health for your business. The Finance function is like the blood flowing through your body; it affects each part of it and keeps it healthy and oxygenated. Similarly, your company’s financial performance has a direct impact on every aspect of your business. Remember, that KPI’s and dashboards are not just for CFO’s...
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3 ways to energize your Corporate reporting process

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Every decent sized organization deals with management reporting as CXOs and the board expect to receive regular updates on the organization’s performance. Depending on the size of the organization, you could have one or more financial analysts toiling away in putting together the required corporate reports. In most cases this is a time-consuming exercise, leaving little time for analysing the data and taking prompt action. This doesn’t have to be the case though. Here are 3 ways for you to energize your corporate reporting process: 1.Efficient information architecture design There is sometimes a less than optimum understanding of what constitutes good information architecture for an organization. Most organizations feel that a good ERP will take care of managing operations as well as reporting. This is obviously untrue. Most CFOs think this due to the fact that they are not able to derive the most from the power of their ERP. An ERP, in itself, is only a piece of the sys...
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FinAlyzer helps every business measure its financial health accurately and on time

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FinAlyzer helps every business measure its financial health accurately and on time and provides actionable insights.  
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