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Know your numbers!

by mike tombs
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The problem with using generic Key Performance Indicators (or KPIs for short) is that all businesses are different. So the numbers that we need to understand to make better informed business decisions are different. The trick in optimizing the potential of cloud accounting reporting is in choosing which figures to look at. A good management accountant will make sure that you are basing your decisions on the correct set of figures, not on the wrong ones. The next part of this is to watch those figures, and see what they do, each week, every week. There is no point only [...]