Key Risk Indicators (KRI) for Financial Crisis Indicators
KRI (Key Risk Indicators) allows BI professionals from the Financial area
measure and control business risks.
KRI for Financial business niche
The KRI for Financial Crisis Indicators may address such indicators as:
- financial perspective
- % increase in credit days
- % decrease in debtor days
- liquidity ratio
- accuracy of financial risk forecasts
- consistency of cash flows
- business development perspective
- number of new long-term contracts initiated
- client oriented products and services introduced
- lead generation effectiveness
- response level
- operational perspective
- % reduction in decision-making and lead time
- % decrease in cycle time to resolve adjustments
- simplification of lending conditions
- identification of negative patterns
- workforce management perspective
- % decrease in staff turnover rate
- training uptake
- % decrease in sickness/absence level
- crisis communication
- continuity of information and feedback
Why BI and risk specialists from the Financial should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Financial Estimation you will learn how to:
- build and use KRI;
- KRI: do-s and don’ts
- you'll have ready to use KRI template;
- you'll learn about practical application of KRI;
- toolkit includes KRI vs. KPI and Balanced Scorecard;
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