💵 Finance & Accounts KPI
Key Performance Indicators – How We Measure Success
Cash Flow
Accuracy
📅 Timeliness
📝 KPI Overview
These KPIs measure the effectiveness of Finance & Accounts focusing on accuracy, timeliness, and cash flow management.
🎯 Key Performance Indicators
Invoice Accuracy
100%
Error-free invoices
(Correct / Total) × 100
Invoice Timeliness
24 hrs
Time to send invoice
Avg time after milestone
DSO (Days Sales Outstanding)
< 7 days
Avg collection time
(AR / Revenue) × Days
Payroll Accuracy
100%
Error-free payroll
(Correct / Total) × 100
Report Timeliness
By 5th
Monthly reports ready
Days after month end
Tax Compliance
100%
On-time filings
(On-Time / Total) × 100
🛤️ Performance Tracking
| KPI | Target | Measurement | Frequency |
|---|---|---|---|
| Invoice Accuracy | 100% | Error Log | Per Invoice |
| Invoice Timeliness | 24 hrs | Invoice Tracker | Per Milestone |
| DSO | < 7 days | AR Report | Weekly |
| Payroll Accuracy | 100% | Payroll Audit | Per Cycle |
| Report Timeliness | By 5th | Report Calendar | Monthly |
| Tax Compliance | 100% | Filing Log | Per Filing |