30 Oct '17, 1pm
8 metrics your finance dashboard must include by @DRobDriven:
It seems that every business owner has at least one pet project — or an initiative that parallels day-to-day operations. It’s important to quantitatively measure the performance of these initiatives with a finance dashboard. This lets you monitor progress, and it drives decisions behind resource allocation. After all, an owner should depend on more than gut instinct to decide whether to sunset a project or invest additional resources. Let’s say you want to experiment with a new variable compensation program for select employees. Using a graph to overlay that cohort’s variable month-to-month compensation on top of its productivity can show the correlation — or lack thereof — between the two.