This is a Financial Outsourcing Metric Dashboard (Diamond) Report, it is one of reports that Balanced Scorecard Designer can generate for Financial Outsourcing KPI. With this software you can also design your own scorecards, KPIs and metrics.

Financial Outsourcing Scorecard

Report includes: 2 day(s), from 17.02.2009 to 18.02.2009

Name

Start value

End value

Dynamic

Contains

Financial Outsourcing Scorecard

38,94 %

55,6 %

+ 16,66 %

Screening Perspective	(50,2%, -4,37%)
Outsourcing Partner capability Perspective	(58%, 24,79%)
'Outsourcing Process Assessment' Perspective	(72,9%, 23,89%)
Benefits Accruing Perspective	(42,7%, 28,79%)

Graph for Financial Outsourcing Scorecard

Data for Financial Outsourcing Scorecard

Dates	Value
17.02.2009	38,94
18.02.2009	55,6

Screening Perspective

Name

Start value

End value

Dynamic

Parent

Contains

Screening Perspective

54,58 %

50,21 %

-4,37%

Financial Outsourcing Scorecard

Indicators

Infrastructural and Technological Competency

Staff Training and Learning Ability

Redundancy Factor

Number of Support Systems *

* - Information for this metric is limited in sample report Description This category is useful in setting the criteria for filtering the available choices of 'outsourcing partners'.

Graph for Screening Perspective

Data for Screening Perspective

Dates	Value	Weight
17.02.2009	54,58	3
18.02.2009	50,21	3

Infrastructural and Technological Competency

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Infrastructural and Technological Competency	8,749	6,841	-1,908	Score	Maximize	Screening Perspective

Description This KPI gives the extent of competency of the outsourcing partner in terms of infrastructure and technology. A scale labeled from 1-10 can be useful in this sense.

Graph for Infrastructural and Technological Competency

Data for Infrastructural and Technological Competency

Dates	Weight	Min	Max	Value
17.02.2009	3	1	10	8,749
18.02.2009	3	1	10	6,841

Staff Training and Learning Ability

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Staff Training and Learning Ability	7,489	4,438	-3,051	Score	Maximize	Screening Perspective

Description The training that has been provided to the staff of outsourcing partner should be considered while deciding for the final partner. The prospective partners can be judged by using a scale numbered from 1-10.

Graph for Staff Training and Learning Ability

Data for Staff Training and Learning Ability

Dates	Weight	Min	Max	Value
17.02.2009	3	1	10	7,489
18.02.2009	3	1	10	4,438

Redundancy Factor

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Redundancy Factor	80,02	89,58	+ 9,56	%	Maximize	Screening Perspective

Description This too is an important way to filter the options and forms a major consideration in the job.

Graph for Redundancy Factor

Data for Redundancy Factor

Dates	Weight	Min	Max	Value
17.02.2009	2	80	100	80,02
18.02.2009	2	80	100	89,58

Outsourcing Partner capability Perspective

Name

Start value

End value

Dynamic

Parent

Contains

Outsourcing Partner capability Perspective

33,24 %

58,03 %

+ 24,79%

Financial Outsourcing Scorecard

Indicators

Accuracy Meeting Level

Expectation Fulfillment ratio

Migration and Streamline Ease Index

Pre-set Requirements Conformance Degree *

* - Information for this metric is limited in sample report Description This category is for having a quantified way to assess the capability of the outsourcing partner is handling the task.

Graph for Outsourcing Partner capability Perspective

Data for Outsourcing Partner capability Perspective

Dates	Value	Weight
17.02.2009	33,24	3
18.02.2009	58,03	3

Accuracy Meeting Level

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Accuracy Meeting Level	1,072	1,909	+ 0,837	Score	Maximize	Outsourcing Partner capability Perspective

Description There has to be a way to know the accuracy in the outsourcing process. A scale that is numbered from 1-10 can be used to do this.

Graph for Accuracy Meeting Level

Data for Accuracy Meeting Level

Dates	Weight	Min	Max	Value
17.02.2009	3	1	10	1,072
18.02.2009	3	1	10	1,909

Expectation Fulfillment ratio

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Expectation Fulfillment ratio	0,8546	0,9588	+ 0,104	#	Maximize	Outsourcing Partner capability Perspective

Description The company that is outsourcing the task should assess the decision in the light of 'number of aims that were achieved'.

Graph for Expectation Fulfillment ratio

Data for Expectation Fulfillment ratio

Dates	Weight	Min	Max	Value
17.02.2009	2	0,8	1	0,8546
18.02.2009	2	0,8	1	0,9588

Migration and Streamline Ease Index

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Migration and Streamline Ease Index	0,8161	0,988	+ 0,172	#	Maximize	Outsourcing Partner capability Perspective

Description One of the hurdles faced in the job of financial outsourcing is the migration of data between the systems of outsourcing and outsourced partner. This KPI is to measure the development in this direction.

Graph for Migration and Streamline Ease Index

Data for Migration and Streamline Ease Index

Dates	Weight	Min	Max	Value
17.02.2009	2	0,7	1	0,8161
18.02.2009	2	0,7	1	0,988

'Outsourcing Process Assessment' Perspective

Name

Start value

End value

Dynamic

Parent

Contains

'Outsourcing Process Assessment' Perspective

49,02 %

72,91 %

+ 23,89%

Financial Outsourcing Scorecard

Indicators

Task Outsourcing Fraction

Decision Making Alignment

On-going Accounting Savings Percentage

Cost Savings ratio *

* - Information for this metric is limited in sample report Description This category of indicators is to gain an insight into the process of financial outsourcing.

Graph for 'Outsourcing Process Assessment' Perspective

Data for 'Outsourcing Process Assessment' Perspective

Dates	Value	Weight
17.02.2009	49,02	2
18.02.2009	72,91	2

Task Outsourcing Fraction

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Task Outsourcing Fraction	0,9574	0,958	+ 0,0006	#	Maximize	'Outsourcing Process Assessment' Perspective

Description The scope of financial tasks is extremely wide. Some of these include 'accounting' or 'inventory management' or 'sales process management'. Organization may/ may not decide to outsource the whole bunch of financial activities.

Graph for Task Outsourcing Fraction

Data for Task Outsourcing Fraction

Dates	Weight	Min	Max	Value
17.02.2009	2	0,4	1	0,9574
18.02.2009	2	0,4	1	0,958

Decision Making Alignment

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Decision Making Alignment	0,6665	0,7995	+ 0,133	#	Maximize	'Outsourcing Process Assessment' Perspective

Description This KPI is helpful in knowing the extent to which outsourcing is in line with the concerned organization's decision-making requirements.

Graph for Decision Making Alignment

Data for Decision Making Alignment

Dates	Weight	Min	Max	Value
17.02.2009	3	0,5	1	0,6665
18.02.2009	3	0,5	1	0,7995

On-going Accounting Savings Percentage

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	On-going Accounting Savings Percentage	48,745	78,92	+ 30,18	%	Maximize	'Outsourcing Process Assessment' Perspective

Description This KPI represents the savings in the form of on-going accounting operations.

Graph for On-going Accounting Savings Percentage

Data for On-going Accounting Savings Percentage

Dates	Weight	Min	Max	Value
17.02.2009	3	15	100	48,745
18.02.2009	3	15	100	78,92

Benefits Accruing Perspective

Name

Start value

End value

Dynamic

Parent

Contains

Benefits Accruing Perspective

13,95 %

42,74 %

+ 28,79%

Financial Outsourcing Scorecard

Indicators

Increase in Other Activities

Quality Assurance Index

Number of Data Security Measures Adopted

Number of Successful Projects that Occurred because of Financial Outsourcing *

* - Information for this metric is limited in sample report Description This category is to 'quantify' the benefits emanating from the task being outsourced.

Graph for Benefits Accruing Perspective

Data for Benefits Accruing Perspective

Dates	Value	Weight
17.02.2009	13,95	2
18.02.2009	42,74	2

Increase in Other Activities

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Increase in Other Activities	0,5302	0,685	+ 0,155	#	Maximize	Benefits Accruing Perspective

Description This is to know the 'flow effect' of outsourcing decision. The resources saved from asking some other company to do the financial job for it will leave spare resources for it to be used in other manner.

Graph for Increase in Other Activities

Data for Increase in Other Activities

Dates	Weight	Min	Max	Value
17.02.2009	2	0,4	1	0,5302
18.02.2009	2	0,4	1	0,685

Quality Assurance Index

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Quality Assurance Index	0,7234	0,7144	-0,009	#	Maximize	Benefits Accruing Perspective

Description This is to have the extent to which quality in the task is ensured.

Graph for Quality Assurance Index

Data for Quality Assurance Index

Dates	Weight	Min	Max	Value
17.02.2009	3	0,7	1	0,7234
18.02.2009	3	0,7	1	0,7144

Number of Data Security Measures Adopted

	Name	Start value	End value	Dynamic	Measure units	Optimization method	Parent
	Number of Data Security Measures Adopted	3,815	7,45	+ 3,635	#	Maximize	Benefits Accruing Perspective

Description This KPI is equal to the number of measures adopted to make sure that data is always with safe hands.

Graph for Number of Data Security Measures Adopted

Data for Number of Data Security Measures Adopted

Dates	Weight	Min	Max	Value
17.02.2009	3	3	8	3,815
18.02.2009	3	3	8	7,45

Created by: AKS-Labs
Report created with Balanced Scorecard Designer at 13.02.2009 9:15:01