Key Performance Indicators For Achieving Your Goals
Trusted Clients
Use of Key Performance Indicators For Your Business Success
Implementation of a Key Performance Indicator can help a company monitor their performance and identify where changes need to be made. These metrics are primarily aligned to business objectives, targets or goals and track how well an organization manages against these measurements.
If you are looking for a service to help you make sense of your company’s KPIs, don’t look any further! Whiz Consulting can use our years of expertise and knowledge to gain a deep understanding of your business and the issues it has. We will use this to accurately trade in detailed reports that will resolve many problems in your company.
Process of Establishing your KPI report
- Define company vision and goals
- Break down company goals into Key Performance Questions
- Select KPIs answering Key Performance Questions
- For each KPI, set the target for evaluating each
- KPI performance
Select date sources for KPIs - Produce KPI report measuring actual performance Vs targeted goals
- Identify the reason for variance between the actual performance and targeted goals
Objectives of KPI Report:-
Monitor Company Health
Measure Progress
Analyze Patterns Over Time
Solve the Problems or Tackle Opportunities
Make Adjustments & Stay on Track
KPI reports which are crucial in understanding your business performance:
With over a decade of experience and a team of expert professionals, Princeton Consulting is pleased to offer a full range of financial analysis reports which adhere to the guideline of the respective council, board, standards related to accounting. We prepare an accurate financial report according to the business’s needs. Some of the financial reporting Services are as below –
Financial Performance Review Report:
Reports which shows the following financial metrics-
- Gross Profit Margin Percentage
- Operating Profit Margin Percentage
- Operating Expenses Ratios
- Net Profit Margin Percentage
Financial Business Operational Efficiency Report:
Reports which shows the following operational efficiency metrics-
- Inventory Holding period
- Debtors Collection Period
- Vendors Payable Period
- Cash Conversion Cycle
- Working Capital Turnover
Sales Performance Review Report:
Reports which shows the following sales metrics-
- Sales Growth
- Sales Target
- Average Revenue Per Unit
- Customer Acquisition cost
- Customer Lifetime Value
Sales conversion review Report:
Reports which shows the following sales metrics-
- Lead-to-Opportunity Ratio
- Opportunity-to-Win Ratio
- Lead Conversion Rate
How KPI Reports are Beneficial:
Measures Budgeted Sales
Consumer Product Satisfaction
Human Resource Satisfaction
It helps to monitor the satisfaction level of workers, which will help to retrain from high staff turnover; this is useful for smoothly operating your organization.
Reduction of cost
Decision Making
Improving Operational Quality
Some of the industries where we are consulting on developing KPIs reports:
