Tag: KPI

29 May

Vendor Management

VComply Editorial

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A simple guide to vendor management through Vcomply

  Vendor management involves selecting suitable vendors, sourcing pricing information, collecting quality details, evaluatin...

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12 Apr

Governance Essentials

VComply Editorial

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Effective Reporting Management for improved business decision

  CFO of an organization can face failure in management reporting in two cases. Either the reports are long filled with only...

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08 Apr

Governance Essentials

VComply Editorial

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Setting Effective KPIs for Performance Management

  Key performance indicators help evaluate the performance of the business or a particular individual or activity done by hi...

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03 Apr

Governance Essentials

VComply Editorial

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5 Internal Controls for Operational Management

  For businesses, the key focus is to deliver high-quality products to a large number of consumers. Very high emphasis is pu...

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19 Dec

Vendor Management

VComply Editorial

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Effective Vendor Selection holds the key to successful Vendor Management System (VMS)

According to Gartner, Vendor management is a “discipline that enables organizations to control costs, drive service excelle...

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29 Nov

Governance Essentials

VComply Editorial

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What is smart governance and its uses?

Governance is the activity of coordinating resources to achieve collective goals through collaboration. You govern to effect chang...

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27 Nov

Compliance Fundamentals

VComply Editorial

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How to measure your compliance effectiveness?

Recognize that there are at least three kinds of compliance and ethics KPI’s: 1. Activities metrics that answer the question:...

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04 Oct

Compliance Insights

VComply Editorial

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What are a few financial KPIs required to run a business?

A Key Performance Indicator is a measurable value that demonstrates how effectively a company is achieving key business objectiv...

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03 Oct

Strategy and Growth

VComply Editorial

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What are the fundamentals of a strategic business plan?

A strategic plan is meant to answer these important questions: 1. Destination - Where do I want to lead my business? 2. Beginn...

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28 Aug

Strategy and Growth

VComply Editorial

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How can RFM Analysis be used to identify your best customers?

RFM analysis is a tool to identify a firm's best customers by measuring 3 quantitative factors: Recency - How recently a customer...

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