{"id":9807,"date":"2018-07-31T11:33:08","date_gmt":"2018-07-31T11:33:08","guid":{"rendered":"https:\/\/infosuite.dk\/media\/10-kpis-for-your-cfo-dashboard\/"},"modified":"2025-01-06T12:28:48","modified_gmt":"2025-01-06T11:28:48","slug":"10-kpis-for-your-cfo-dashboard","status":"publish","type":"avada_portfolio","link":"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/","title":{"rendered":"10 KPIs for your CFO dashboard"},"content":{"rendered":"

<\/div><\/div><\/span>

10 KPIs any CFO-dashboard should contain<\/b><\/h1><\/span>
<\/div><\/div><\/div>
<\/div><\/div>
<\/div><\/div><\/div>

Author Mette Skov Jensen<\/b><\/span><\/p>\n

18.01.2024<\/p>\n<\/div>

<\/div><\/div>
<\/div><\/div><\/div>
<\/i>Read more articles<\/span><\/a><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div>

The fastest and most efficient way to keep track of your company\u2019s financial performance is via a KPI-dashboard. The optimal dashboard shows the most important figures and updates in real-time so you always have the newest figures.<\/h4>\n

But which KPIs should CFOs always keep track of? The answer to this differs from company to company. However, there are a number of common KPIs that most CFOs should keep an eye on \u2013 regardless of company type or size. Here is our suggestion for 10 essential KPIs you as a CFO should have in your dashboard.<\/h4>\n<\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div>

1) The development in your cash flow<\/span><\/b><\/h2>\n

Cash flow is a statement of the company\u2019s payments and withdrawals over a certain period \u2013 for example payments on long-term loans or payments from a debtor.<\/span><\/h4>\n

A KPI showing the development in your cash flow can function as an indicator of how your company\u2019s liquidity changes.<\/h4>\n<\/div><\/div><\/div>
\"Cash<\/span><\/div><\/div><\/div>
<\/div><\/div><\/div>

2) Quick ratio<\/span><\/b><\/h2>\n

Your company\u2019s quick ratio is also an important element in your dashboard.<\/h4>\n

The quick ratio shows the company\u2019s liquid assets after the financial commitments have been deducted. The quick ratio is a strong indicator of whether the company is capable of purchasing merchandise and paying the bills.<\/h4>\n<\/div><\/div><\/div>

3) Accounts receivable<\/span><\/b><\/h2>\n

You should keep a close eye on the accounts receivable owed by customers, suppliers and other stakeholders in order to ensure that the figure does not increase.<\/h4>\n

If you keep an eye on the accounts receivable, it is easier to initiate corrective measures quickly.<\/h4>\n<\/div><\/div><\/div>

4) Sales, contribution margin and contribution ratio<\/span><\/b><\/h2>\n

These might be the company\u2019s most important figures, so a CFO dashboard should always include daily sales, contribution margin and contribution ratio.<\/h4>\n

You can also benefit from comparing the figures to the monthly budget in order to see the realisation rate.<\/h4>\n<\/div><\/div><\/div>
<\/span><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div>

5) Net profit margin<\/span><\/b><\/h2>\n

The net profit margin shows how efficient your company is at generating profit compared to its revenue.<\/h4>\n

Frequently calculated as a percentage, this KPI indicates how much of the company\u2019s earnings translates into profits. This reflects the development of your company\u2019s profitability.<\/h4>\n<\/div><\/div><\/div>

6) Profit and loss statement compared to the budget<\/span><\/b><\/h2>\n

Your dashboard should also contain your overall profit budget \u2013 preferably with KPIs compared to the budget.<\/h4>\n

This allows you to see the profit and loss statement for the day, week or month and gain an overview of the revenue for the period compared to the budget.<\/h4>\n<\/div><\/div><\/div>

7) Turnover rate<\/span><\/b><\/h2>\n

By optimising the number of days in stock, controlling and monitoring the number of debtor days and by taking advantage of supplier credits, you can improve the company\u2019s liquidity.<\/h4>\n

Determine a target for the turnover rates and keep an eye on the development via your dashboard.<\/h4>\n<\/div><\/div><\/div>
<\/span><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div>
<\/a><\/span><\/div><\/div><\/div>

“In Denmark, DHL uses InfoSuite in many different business processes, such as operational activities, financial performance measurement and invoice control. InfoSuite allows us to measure important operational KPIs such as delivery volume, load factor, delivery time etc.\u201d<\/span>

<\/span><\/strong><\/em>Henrik Hansen, Head of Business IT, DHL Freight<\/span><\/h4>\n<\/div>
<\/i>Read the entire case here<\/span><\/a><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div>

8) Turnover and profit in proportion to labour costs<\/span><\/b><\/h2>\n

Labour costs are often the expense that has the biggest influence on sales and this makes it an interesting figure to analyse in proportion to profit and turnover. It is especially interesting to see how the figure changes over time.<\/h4>\n

By looking at turnover in proportion to labour costs, you get an indication of the efficiency of the company\u2019s labour costs.<\/h4>\n<\/div><\/div><\/div>

9) Resource utilisation<\/span><\/b><\/h2>\n

For some companies, the employees\u2019 time is the most valuable asset for which they bill the customers. This is especially true for service-based businesses.<\/h4>\n

The resource utilization KPI indicates how efficiently your company uses its resources (time), comparing the billable time with the non-billable time.<\/h4>\n<\/div><\/div><\/div>

10)<\/span> Customer satisfaction – NPS<\/span><\/b><\/h2>\n

Net Promoter Score (NPS) is a simple and efficient measurement of how well you are doing \u2013 according to your customers. Based on a recurrent one-question survey among your customers, you get a score indicating how well you are doing.<\/h4>\n

On a dashboard filled with financial KPIs it is also important to keep track of the development in your NPS-s<\/span>core \u2013 After all, what good is a solid financial situation if your customer satisfaction is in free fall?<\/span><\/h4>\n<\/div><\/div><\/div>
<\/div>
<\/span><\/div><\/div><\/div>

You are the only one who knows what your optimal dashboard should contain, so it is important that an individual KPI-set be made specifically for your company.<\/h4>\n

Companies are different and focus on different goals and success criteria. But one thing is true for all financial controllers \u2013 an efficient dashboard with the right KPIs will help you make fast and well-founded decision.<\/h4>\n<\/div>
<\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div><\/span>

Want to read some other articles?<\/b><\/h1><\/span>
<\/div><\/div><\/div>

We have collected a number of articles and inspiration here.<\/p>\n<\/div><\/div><\/div>

<\/i>Read more<\/span><\/a><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"

Here are our suggestions for 10 essential elements you as a CFO should have in your business dashboard.<\/p>\n","protected":false},"author":15,"featured_media":27977,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"portfolio_category":[],"portfolio_skills":[],"portfolio_tags":[],"class_list":["post-9807","avada_portfolio","type-avada_portfolio","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nSee 10 important KPIs any CFO-dashboard should contain<\/title>\n<meta name=\"description\" content=\"No matter the size of the company or the specific industry, all companies should maintain a clear focus on the financial status. Here are 10 KPIs any CFO-dashboard should contain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"See 10 important KPIs any CFO-dashboard should contain\" \/>\n<meta property=\"og:description\" content=\"No matter the size of the company or the specific industry, all companies should maintain a clear focus on the financial status. Here are 10 KPIs any CFO-dashboard should contain.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/\" \/>\n<meta property=\"og:site_name\" content=\"InfoSuite\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Infosuite-AS-479274542150016\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-06T11:28:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infosuite.dk\/wp-content\/uploads\/2020\/09\/Unavngivet-23.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@InfoSuite\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"22 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/infosuite.dk\\\/en\\\/blog\\\/10-kpis-for-your-cfo-dashboard\\\/\",\"url\":\"https:\\\/\\\/infosuite.dk\\\/en\\\/blog\\\/10-kpis-for-your-cfo-dashboard\\\/\",\"name\":\"See 10 important KPIs any CFO-dashboard should contain\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/infosuite.dk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/infosuite.dk\\\/en\\\/blog\\\/10-kpis-for-your-cfo-dashboard\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/infosuite.dk\\\/en\\\/blog\\\/10-kpis-for-your-cfo-dashboard\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/infosuite.dk\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/Unavngivet-23.png\",\"datePublished\":\"2018-07-31T11:33:08+00:00\",\"dateModified\":\"2025-01-06T11:28:48+00:00\",\"description\":\"No matter the size of the company or the specific industry, all companies should maintain a clear focus on the financial status. Here are 10 KPIs any CFO-dashboard should contain.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/infosuite.dk\\\/en\\\/blog\\\/10-kpis-for-your-cfo-dashboard\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/infosuite.dk\\\/en\\\/blog\\\/10-kpis-for-your-cfo-dashboard\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/infosuite.dk\\\/en\\\/blog\\\/10-kpis-for-your-cfo-dashboard\\\/#primaryimage\",\"url\":\"https:\\\/\\\/infosuite.dk\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/Unavngivet-23.png\",\"contentUrl\":\"https:\\\/\\\/infosuite.dk\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/Unavngivet-23.png\",\"width\":800,\"height\":450},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/infosuite.dk\\\/en\\\/blog\\\/10-kpis-for-your-cfo-dashboard\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Forside\",\"item\":\"https:\\\/\\\/infosuite.dk\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Portfolio\",\"item\":\"https:\\\/\\\/infosuite.dk\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"10 KPIs for your CFO dashboard\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/infosuite.dk\\\/#website\",\"url\":\"https:\\\/\\\/infosuite.dk\\\/\",\"name\":\"InfoSuite A\\\/S\",\"description\":\"Business Intelligence & Budgettering\",\"publisher\":{\"@id\":\"https:\\\/\\\/infosuite.dk\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/infosuite.dk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/infosuite.dk\\\/#organization\",\"name\":\"InfoSuite A\\\/S\",\"url\":\"https:\\\/\\\/infosuite.dk\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/infosuite.dk\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"\",\"contentUrl\":\"\",\"caption\":\"InfoSuite A\\\/S\"},\"image\":{\"@id\":\"https:\\\/\\\/infosuite.dk\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Infosuite-AS-479274542150016\\\/\",\"https:\\\/\\\/x.com\\\/InfoSuite\",\"https:\\\/\\\/www.facebook.com\\\/InfoSuite\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/infosuite-a-s\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCBNn5fh2Ro-UlADHUqIwt-w\\\/videos_or_overview?view=699913131\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"See 10 important KPIs any CFO-dashboard should contain","description":"No matter the size of the company or the specific industry, all companies should maintain a clear focus on the financial status. Here are 10 KPIs any CFO-dashboard should contain.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/","og_locale":"en_US","og_type":"article","og_title":"See 10 important KPIs any CFO-dashboard should contain","og_description":"No matter the size of the company or the specific industry, all companies should maintain a clear focus on the financial status. Here are 10 KPIs any CFO-dashboard should contain.","og_url":"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/","og_site_name":"InfoSuite","article_publisher":"https:\/\/www.facebook.com\/Infosuite-AS-479274542150016\/","article_modified_time":"2025-01-06T11:28:48+00:00","og_image":[{"width":800,"height":450,"url":"https:\/\/infosuite.dk\/wp-content\/uploads\/2020\/09\/Unavngivet-23.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_site":"@InfoSuite","twitter_misc":{"Est. reading time":"22 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/","url":"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/","name":"See 10 important KPIs any CFO-dashboard should contain","isPartOf":{"@id":"https:\/\/infosuite.dk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/#primaryimage"},"image":{"@id":"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/#primaryimage"},"thumbnailUrl":"https:\/\/infosuite.dk\/wp-content\/uploads\/2020\/09\/Unavngivet-23.png","datePublished":"2018-07-31T11:33:08+00:00","dateModified":"2025-01-06T11:28:48+00:00","description":"No matter the size of the company or the specific industry, all companies should maintain a clear focus on the financial status. Here are 10 KPIs any CFO-dashboard should contain.","breadcrumb":{"@id":"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/#primaryimage","url":"https:\/\/infosuite.dk\/wp-content\/uploads\/2020\/09\/Unavngivet-23.png","contentUrl":"https:\/\/infosuite.dk\/wp-content\/uploads\/2020\/09\/Unavngivet-23.png","width":800,"height":450},{"@type":"BreadcrumbList","@id":"https:\/\/infosuite.dk\/en\/blog\/10-kpis-for-your-cfo-dashboard\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Forside","item":"https:\/\/infosuite.dk\/en\/"},{"@type":"ListItem","position":2,"name":"Portfolio","item":"https:\/\/infosuite.dk\/blog\/"},{"@type":"ListItem","position":3,"name":"10 KPIs for your CFO dashboard"}]},{"@type":"WebSite","@id":"https:\/\/infosuite.dk\/#website","url":"https:\/\/infosuite.dk\/","name":"InfoSuite A\/S","description":"Business Intelligence & Budgettering","publisher":{"@id":"https:\/\/infosuite.dk\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infosuite.dk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infosuite.dk\/#organization","name":"InfoSuite A\/S","url":"https:\/\/infosuite.dk\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infosuite.dk\/#\/schema\/logo\/image\/","url":"","contentUrl":"","caption":"InfoSuite A\/S"},"image":{"@id":"https:\/\/infosuite.dk\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Infosuite-AS-479274542150016\/","https:\/\/x.com\/InfoSuite","https:\/\/www.facebook.com\/InfoSuite\/","https:\/\/www.linkedin.com\/company\/infosuite-a-s","https:\/\/www.youtube.com\/channel\/UCBNn5fh2Ro-UlADHUqIwt-w\/videos_or_overview?view=699913131"]}]}},"_links":{"self":[{"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/avada_portfolio\/9807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/avada_portfolio"}],"about":[{"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/types\/avada_portfolio"}],"author":[{"embeddable":true,"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/comments?post=9807"}],"version-history":[{"count":16,"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/avada_portfolio\/9807\/revisions"}],"predecessor-version":[{"id":49529,"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/avada_portfolio\/9807\/revisions\/49529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/media\/27977"}],"wp:attachment":[{"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/media?parent=9807"}],"wp:term":[{"taxonomy":"portfolio_category","embeddable":true,"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/portfolio_category?post=9807"},{"taxonomy":"portfolio_skills","embeddable":true,"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/portfolio_skills?post=9807"},{"taxonomy":"portfolio_tags","embeddable":true,"href":"https:\/\/infosuite.dk\/en\/wp-json\/wp\/v2\/portfolio_tags?post=9807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}