Dashboard and CFO Overview:
If you’ve task to create one dashboard for the Chief Financial Officer (CFO) of your company; how do you create one? You can create or represent a CFO with required KPI’s in an effective way. We are going to touch on three of the core aspects to Creating a dashboard that any CFO would love. This isn’t a definitive guide to creating ‘The Ultimate CFO Dashboard’. This will help you to form a solid foundation on which you can introduce your own unique skills.
What KPIs are CFOs are interested in?
We know what the CFO cares about, what metrics can we deliver in our dashboard reports that will be meaningful to them? Below are 8 common KPIs:
Accounts Payable Turnover
Accounts Receivable Turnover
Finance Error Report
So, most of these metrics; whether a value is ‘good or ‘bad’, is heavily dependent on industry and past performance. Be aware of this as you choose what KPIs to include in your dashboard. Some of these particular KPIs are so important to the health and future of companies that CFOs absolutely need to keep a close eye on them.
Here are the top five CFO dashboards every financial leader should have on hand workday.
CFO Dashboard 1: Toward Margin and Volume Goals
CFO Dashboard 2: Costs
CFO Dashboard 3: Revenue Goals and Gross Profit Margin
CFO Dashboard 4: Highest-Performing Products and Services
CFO Dashboard 5: Customer Satisfaction.
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