Kpi For Revenue Assurance
Financial kpi key performance indicator is a measurable value that indicates how well a company is doing regarding generating revenue and profits.
Kpi for revenue assurance. Assurance over key performance indicators kpis assurance over key performance indicators. This can be complicated because the assurance provider will need to consider what other kpis could have been included and judge whether the combination of reported kpis will distort a reader s impression of the business. You decide to add sales growth to your kpi dashboard. The formula for this indicator is simple and is calculated by the following.
Revenue per employee kpi. Monitoring kpis shows whether a business is achieving its long term goals. This financial indicator measures your company s total revenue per the number of your current employees. By eric priezkalns 17 jul 2007.
First nobody can agree what they should be. I love revenue assurance talks about why revenue assurance matters why we as revenue assurance professionals can make a real difference because of what we do as well as why we should wake up every morning and end every day proud of what we do and proud of how well we do the revenue assurance job. A board level or public assurance report. By eric priezkalns 21 aug 2007.
Your goal is to increase revenue by 10 over the next six months a relevant goal because it will allow your company to become more profitable. It basically tells you how much money is generated from each employee. Talking about kpis is a convenient way to express an expert opinion without needing to show any data in order to justify it. Tmf publishes revenue assurance kpi standard.
You determine that you can measure your progress toward this goal by tracking an increase in revenue versus an increase in dollars spent. In depth testing of the calculation and presentation of each kpi in comparison to the related frameworks and accepted methodologies. Assurance providers should also consider the choice of kpis disclosed together with the context in which they are presented. Lots and lots and lots of people talk about revenue assurance kpis.
Second even if they could agree they would not suit every kind of telco business.