5 Ways to Upgrade Your Finance Team

September 21 , 2023

Chris Delaney, a director at CFO Consulting Partners, was recently featured in Manufacturing Dive, sharing why manufacturers need more than historic data.

If your company is in growth mode, forget historic numbers and focus on the key KPIs that are going to be predictive of future growth and profitability. KPIs are easier to project and do a better job at forecasting future financials than historical data alone. Is there a new customer onboarding or is a recession coming? Are customers going to leave shortly? New mergers on the horizon?

A handful of KPIs will create a more accurate forecast for manufacturers, which is invaluable.

Read more here to learn a good place to start.