The 8 Key Metrics Significant to Every Business-Knowing Them Isn’t Enough, It’s the Why That Makes the Difference

This video explains why 8 key metrics are significant to every business – not just knowing what they are but why they are critical to improving profitability, cash flow and growth.  It’s not enough to only understand, but being able to apply knowledge to achieve results is critical to success. 

Most companies don’t know their Order to Cash cycle  – in other words how many days from the time a customer order is received until the cash is in your bank. Sounds simple enough – but because it passes through every functional area of the business and across multiple systems and processes, unless you track it by design, it’s not a known value. 

Hidden in this data, many of the delays, errors, customer frustrations and other issues are rooted.  By applying scientific techniques, these impediments can be eliminated, reduced or minimized to improve profitability, cash flow and provide a sound basis for growth. The key is applying the right knowledge to form the right solution.   

It’s not reducing AR, increasing AP and freezing inventory purchases, but a well-balanced, optimized data driven scientific plan implemented to obtain the desired results.   

By digging deep into your own data using the right tools and techniques, the same results that many other clients have achieved in the millions of dollars can be found and put back into your business for growth.