A Controller’s Guide To KPIs And Metrics

Automation is the key to a streamlined Close, which means companies must identify opportunities to reduce or eliminate manual tasks and integrate software tools. This not only adds speed, accuracy, and efficiency to a company’s month-end, but delivers an additional critical advantage: data. By integrating the right technology tools, controllers can begin to examine their workflows with unprecedented detail, develop metrics and key performance indicators (KPIs), and then use that information to zero-in on persistent pain points and make much-needed improvements.

This guide will:

• Examine the Close and some of its most significant KPIs
• Provide top tips to keep track of, and accurately monitor Close KPIs
• Explore how CFOs and their accounting teams can use those metrics to improve their month-end Close.