This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Transform Business Operations with Analytics. 1: OperationalReporting & Performance. Report automation?can can save healthcare facilities precious hours and funding by delivering visually-rich reports to users across all units on a timely basis. There are clear advantages that filter through the organization.
Insurance and excise taxes may reduce as inventory levels decline. Download our free Working Capital report template to easily visualize key working capital KPIs for your organization. Inventory reduction has other benefits as well. The cost of holding inventory is often overlooked. Finally, there is the problem of inventory shrinkage.
We were delighted to be joined by our client, Savings Bank Life Insurance (SBLI), to discuss the evolution of The Office of the CFO and how technology can support better decision making. Reporting tools allow them to make more accurate predictions. Donahue’s team at SBLI likes to make sure they can track and look toward the future.
To effectively manage productivity and profitability, you must make strategic and tactical metrics work for you. There are two types of performance measures that form the base of every analytics program: KPIs and metrics. Metrics track the status of a specific business process.
Enterprise planning is transformational; it’s not just a new and improved method for business planning, but rather, a seed for cultural change that aligns organizational resources around a common set of goals, objectives, and metrics. Begin With the (Strategic) End in Mind. In enterprise planning, follow-through is equally critical.
Analysis is where the magic happens; it’s where BI distinguishes itself from business reporting in general. Business reporting is more operational in nature than BI. Operationalreports often have a short-term focus, and they are used to drive the daily decisions business leaders must make.
Operating cash flow gives you an idea if you can afford capital improvements or expansions, particularly if you need to invest in more labor, machinery, or software. CFO is also a useful metric when you want to segregate sales from cash received due to normal operations. It boosts revenue and earnings. Gross Profit.
Now that we have defined what a hospital KPI is and why it is important, let’s discuss what it takes to choose the most effective metrics. Much like other for-profit businesses, hospitals must keep track of their finances, optimize their operational practices, and provide a healthy work environment for their people.
Now that we have defined what a hospital KPI is and why it is important, let’s discuss what it takes to choose the most effective metrics. Much like other for-profit businesses, hospitals must keep track of their finances, optimize their operational practices, and provide a healthy work environment for their people.
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content