7 Financial KPIs to Measure Business Success & Drive Growth
Introduction For any business, understanding financial performance is crucial for making informed decisions. One of the most effective ways to measure success is by tracking key financial KPIs (Key Performance Indicators) . These metrics help businesses stay ahead by focusing on financial consolidation, integrated planning, close management, and information management to drive growth and profitability. 📊 But which KPIs should you prioritize? Let's dive into the 7 most critical financial KPIs every business should track! 1️⃣ Revenue Growth 📈 Revenue growth measures how much a company's sales increase over time. Tracking revenue growth helps businesses evaluate performance and adjust strategies for better financial consolidation. 👉 Why It Matters? It reflects overall business health and market position. Learn more about financial KPIs 2️⃣ Net Profit Margin 💰 Net profit margin shows how much profit a company makes after all expenses. It helps businesses analyze profitabil...