Are you looking to make your accounts payable process easier and more efficient? If so, then you’re in the right place. In this blog post, we will provide you with actionable steps that can help you streamline your accounts payable turnover. Whether it’s a complex vendor network or an increasing level of invoices that have become difficult to keep up …
What is Efficiency Score? What is the formula and why it is important
Do you want to boost your efficiency? It can be hard to know where to begin, which is why having an Efficiency Score can be so useful. An Efficiency Score is a way of measuring the effectiveness and productivity of an individual’s work. This score acts as a marker and motivational tool – when someone knows they have achieved a …
What is Daily Active Users? What is the formula and why it is important
If your content marketing strategy isn’t delivering the results you expected, it might be time to start paying attention to daily active users (DAU). Whether you’re running a mobile app or simply writing blogs and creating social media posts, tracking DAU can give you unprecedented insight into what your customers are actually doing—and why. With a clearer understanding of how …
What is Operating cash flow? What is the formula and why it is important
Are you looking to gain a better understanding of the what, why, and how of Operating Cash Flow (OCF)? If so, then you’ve come to the right place! This comprehensive guide will provide insight into what OCF is, why it matters and how it can help with financial decision-making. We’ll take an in-depth look at different aspects of OCF – …
What is Burn Multiple? What is the formula and why it is important
Burn multiple is an important concept for any startup to consider when strategizing and mapping out its business plan. Not only can the practice help startups determine their risk tolerance and efficient use of resources, but it can also provide insights into the core values of a company and frame how to work towards achieving it’s goals. If you’ve been …