Scorecard - KPIs
Increase Accountability By Implementing Activity-Based Scorecard - KPIs
Whether your goal is to become a more systematized organization to stabilize or scale your organization utilizing weekly activity-based scorecards KPIs will allow you to accurately gauge the pulse of your organization on a consistent basis. Your scorecard is not your organization’s P&L statement; your scorecard allows you to get a more accurate prediction of what your P&L will reflect. So for example, your scorecard will not tell you what your financial numbers will look like at the end of the quarter. However; if you are able to monitor key metrics from your sales, operations, and finance departments on a weekly basis you will be able to react to issues and downturns as they arise.
There are a few rules to keep in mind when creating your departmental scorecards.
Must be measurable: when you implement a scorecard that is measurable you reduce the bias that lies within managing assumptions, opinions, egos, and emotions.
Review metrics weekly: your scorecard metrics need to be weekly activity-based numbers that you can quickly review to measure whether your organization is on or off track.
Whether you are a small firm or an established company, we apply our experience and resources to help you identify opportunities to achieve your goals, provide operational efficiency through effective workflows and processes, and increase profits for your company. We have the resources to respond to your needs quickly. Contact us today at 404.955.7338; our team is here for you.
Departments You Need To Analyze & Measure Your Progress
Our goal is to be partners who help you grow revenue
Work with accountants who know how to systematize your organization
“Incredibly grateful for Trevor and his team. I'm a small business owner, based in Austin, TX and found my way onto Fusion's email list a number of months ago. They have provided tremendous insight and value, sparking my interest in, and understanding of, government subsidy programs, such as the PPP loan and EIDL loan, during these times. This inspiration led me to initiate the process, with our accountant, in Austin. I am so glad we did. My business was granted both loans! I've known Trevor McCandless for years, and he has always been a person that genuinely cares about other people and that shows in the business practices of Fusion CPA.” - Jeremy W.