Custom KPIs in Austin, TX
Growth requires careful planning and measurable goals. Key performance indicators (KPIs) are decisive and useful tools to track performance and progress towards the strategic plans for your business. ScaleFactor will develop, measure and track key performance indicators tailored to your specific industry and strategic company goals.
Why Custom KPIs?
There are many performance indicators that are important for your business. Standard KPIs such as Cash Runway, Accounts Payable, Days Sales Outstanding and Monthly Revenue are crucial indicators to understand where your business is now, and manage based on your current state. Custom KPIs are data-backed insights to empower you to make informed strategic and financial decisions to realize your current and future business goals. Our experts will work with you to determine your strategic business objectives, define manageable projects, identify processes to streamline and define the actions that will accurately measure your progress. Through our educational approach, we will guide you through:
- What goal(s) each KPI measures
- The importance of each KPI for your current business
- The significance of each KPI for your strategic plans
The thought of creating custom KPIs can be intimidating and seem impossible if you don’t know where to start. Contact us today to learn more about creating custom KPIs for your business!