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CFOs need a ton of KPIs to ensure profitability. To ensure all revenue and expenses get accounted for. To maintain the debt-to-equity ratio. To get favorable terms from the bank. To maintain the price of the stock. But doing all of this might require thousands of KPIs. Also, as companies grow, CFOs might not have the bandwidth to keep track of every transaction of the business. So they require KPIs that are not only reliable but traceable in a manageable manner. So which KPIs are the most critical for CFOs?
In today's episode, we invited a panel of cross-functional experts for live interview on LinkedIn who brings significant expertise to discuss the top KPIs for CFOs. We discussed the best KPIs that CFOs should be measured in several industries, such as manufacturing and healthcare. Finally, we discussed the KPIs that are typically meaningless to measure and might be counterproductive.
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WBSRocks: Business Growth with Enterprise Software and Digital Transformation