Smaller, younger businesses are more likely to fail because of cash flow problems and poor cash flow management. In fact, the SBA reports that 82% of younger businesses fail this way. Understanding the concepts of order-to-pay and the cash flow gap are key to successful business management. View this video to learn how growing businesses can fail if they don't manage this challenge and how to use simple data analytics to how this challenge can impact you.Read More
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Given the time pressure that everyone feels in the corporate world, it is very tempting to assign the task of KPI selection to one individual and ask them to suggest a list of metrics for the company or business area to use as KPIs. However, KPI selection is not a task and all metrics are not KPIs. KPI selection is an activity that requires careful planning or you will not obtain desirable results.Read More