Gain an understanding on essential KPIs that can help reach business goals.

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Knowing the right metrics to utilize is important for two reasons: first, to enable a full understanding of how an accounts receivable asset is being managed, its inherent level of risk, its turnover rate, and its asset quality; second, to avoid investing unnecessary extra time and resource to generate metrics that are redundant or less insightful. This material reviews the purpose of metrics, the different types, and how to have the right amount of and correct metrics to enable time efficient monitoring of the accounts receivable asset. Topics covered include essential summary level metrics, essential summary level metrics, detailed metrics for efficiency and operations management, analytics, how metrics need to evolve as the business evolves, and case studies.

Learning Objectives

• You will be able to define the essential KPIs.
• You will be able to describe detailed KPIs.
• You will be able to discuss dashboard analytics.
• You will be able to explain metrics enhancement and evolution.