NEW SMARTKPIS.COM REPORT RANKS THE TOP ACCOUNTING KPIS OF 2011-2012
May 27, 2013, Melbourne, Australia – The KPI Institute, the global authority on Key Performance Indicators (KPIs) research and education announces the launch of a new report in its 2011-2012 edition of its popular Top 25 series of reports. The series is based on research conducted through www.smartKPIs.com, which contains over 20,000 Key Performance Indicator examples, making it the world’s largest source of thoroughly documented KPIs.
Accounting is an area concerned with the financial reports of an organization, having the role to support decision making and to offer financial information for stakeholders. In order to prepare these reports, the management has access to detailed information regarding the entity’s financial performance. KPIs in this field refer to specific monetary measures of stocks and flows, and also to how efficient the operation management, the systems and the controlling parts are.
The “Top 25 Accounting KPIs of 2011-2012” report provides insights in the state of Accounting KPIs performance measurement today by listing and analyzing the most visited KPIs out of the more than 100 KPIs in this category on smartKPIs.com in 2011-2012. In addition to KPI names, the report contains a detailed description of each KPI, as documented in smartKPIs Premium. Accounting KPIs are reflective of accounting functions, and are grouped into subcategories, such as Transactions / Accounts Payable / Accounts Receivable, Planning and Reporting, Cost Analysis, Control and Cash Management. From these subcategories, in 2011 the most popular was Transactions / Accounts Payable / Accounts Receivable. The following five indicators in this functional area enjoyed the greatest number of views:
- % Billing accuracy
- # Berry ratio
- $ Economic value added (EVA) per employee
- % Aging of uncollected bills
- # Days past-due invoices
By discussing the use of KPIs today, presenting the best practice in documenting them and listing the most popular KPIs of 2011, the “Top 25 Accounting KPIs of 2011-2012” report is a valuable resource in promoting the informed use of KPIs or refreshing the existing performance measurement and management practice in any organization.
According to Aurel Brudan, The KPI Institute’s CEO, “The Top 25 Accounting KPIs of 2011-2012 report is a synthesis of what smartKPIs.com is all about: it provides an overview of how Accounting KPIs are used in practice today, by combining input from the online community with analysis and insights from our research team.”
ABOUT SMARTKPIS.COM
http://www.smartkpis.com is the leading online platform for performance management knowledge integration, hosting the largest database of thoroughly documented KPI examples available on the web today. It offers high quality resources and collaboration functionality for the community of members, assisting them in making smart decisions regarding their performance management initiatives. Registration is free and enables research, learning and interaction as part of a growing community of members from over 190 countries and territories.
ABOUT THE KPI INSTITUTE
The KPI Institute is a research, publishing and educational provider specialized in developing better practice in the use of KPIs. It developed the KPI Management Framework and runs five main research programs, dedicated to performance management, the Balanced Scorecard, KPIs, analytics and organizational strategy. Over the last 8 years, The Institute assisted over 5,000 organizations in finding solutions to their KPI needs.
Media contact
Cipriana Turcanu, The KPI Institute, Tel: +61 3 9670 2979, Email: cipriana.turcanu@smartKPIs.com
