Cash is everything to a business and you certainly would not want to burn up your cash. Learning How to Write Accounts Receivable Procedures helps you to control your cash flow; Let’s look at an example of accounts receivable procedures that is a part of the revenue cycle process. Continue reading How to Write Accounts Receivable Procedures
Tag Archives: metrics
How Do You Identify Policies and Procedures that are Needed?
How many policies and procedures you develop depends on your acceptance of risk and variation within your organization. This acceptance of risk combined with your policies and procedures make up your governance model for how senior management manages risk. How do you identify policies and procedures that are needed? Continue reading How Do You Identify Policies and Procedures that are Needed?
How Do You Drive Change in an Organization?
Operational metrics run a a business. In order to achieve your objectives for real process improvement you will need to change the business rules, incentives, and measurements and empower employees to get involved in process of improvement. How do you drive change in an organization?
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Why are Setting Goals and Smart Objectives Important?
Now is the time for reviewing your vision and mission statements, and as well as reviewing and setting goals and objectives. A clear statement of vision guides members of the organization. This over-arching statement of principle adds clarity and meaning to your goals, objectives, and regular activities. Why are setting goals and smart objectives important? Continue reading Why are Setting Goals and Smart Objectives Important?
How Do You Find Your Audience in Google Analytics?
One of the most powerful business decisions you can make is to learn more about your audience. While this is business 101, audiences shift and change over time, and learning about their ongoing behaviors will help you create a content marketing strategy. How do you find your audience in Google Analytics?
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What Metrics are Used to Predict Safety Performance?
Leading indicators for safety performance are based on an examination of potential risks as well as past incidents that did not result in injury. This can include history such as observation, unsafe actions, and safety meeting attendance. In contrast, lagging safety indicators only look at past injuries. Leading indicators thus give you the ability to preemptively respond to any potential risks that could result in more serious incidents. What metrics are used to predict safety performance? Continue reading What Metrics are Used to Predict Safety Performance?
How Do You Track Marketing Performance?
The main aspect of performance marketing, which includes numerous strategies and approaches depending on the field, is that business success is defined by a set of key performance indicators (KPI). How do you track marketing performance?
What Should a Digital Communication Strategy Include?
Digital communications means having a digital presence and the strategic marketing tools for your business to be competitive in today’s modern Internet. So what should a digital communication strategy include? Continue reading What Should a Digital Communication Strategy Include?
What Operational Metrics are Used to Run a Business?
Tracking operational metrics is an excellent place to start to keep watch on how your business is running! What gets measured, gets managed; but, what should you measure? There are many operational metrics that you should be measuring to enhance operations and keep your business working. Read on to find out what operational metrics are uses to run a business?
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How Do Businesses Manage Debt?
Debt has been a vilified aspect of finances for a very long time. Still, it will be naive to think that it is not a necessary part of running a business. When managed wisely, a short-term business loan can help you expand and hire new employees. How do businesses manage debt? Continue reading How Do Businesses Manage Debt?