Financial Outsourcing Estimation Balanced Scorecard metrics template for Excel
[SOLUTIONS] [DOWNLOAD] [ORDERING] [SUPPORT] [PRESS] [PARTNERS] [TESTIMONIALS] [ABOUT US]

Financial Outsourcing Balanced Scorecard Metrics Template

Financial Outsourcing Balanced Scorecard KPI - Balanced Scorecard metrics template example

Download Trial Version of KPIsBuy Full Version of KPIs

The Balanced Scorecard (BSC) dashboard indicates performance within each perspective and the total performance of Financial.

Click to see more screenshots below.

The choice and process of outsourcing financial tasks has to be a carefully evaluated process. The reason is that a minor mistake in this regard can ‘make’ or ‘break’ the future prospects of the organization. Both the involved partners need to understand the causes of outsourcing this job and weight the ‘costs incurred’ and ‘benefits experienced’ in the light of those realities. The assessment of this process is possible by using the indicators under various perspectives like- Screening, Outsourcing Partner Capability, Outsourcing Process assessment and Benefits Accruing from the job.

The parameters under Screening can be- Infrastructural and Technological Competency, Staff Training and Learning ability, redundancy factor and Number of Support Systems. These help in finalizing the grounds on which the weeding out of the ‘non-suitable’ partners from the lot can be done.

Outsourcing Partner’s capability can be judged using metrics like ‘accuracy meeting ratio’, ‘expectation fulfillment ratio’, ‘pre-set requirement conformance degree’ and ‘migration and streamline index’.

The process of outsourcing can be assessed by using the parameters such as ‘task outsourcing fraction’, ‘decision making alignment’, ‘on-going accounting savings’ and ‘cost savings ratio’.

Finally, one can gauge the benefit that accrue from the outsourcing by using the indicators such as ‘increase in other activities’, ‘quality assurance index’, ‘number of data security measures adopted’ and ‘number of successful projects that occurred because of the financial outsourcing decision’.

2 day Balanced Scorecard seminar, 16th – 17th September 2010 Moor Hall, UK (30 miles of London)

Need KPI? Ask KPI community for advise!

How to design winning KPI

Group that links together Balanced Scorecard consultants, web-based and desktop balanced scorecard software solution providers, end-users of Balanced Scorecard, e.g. business owners, CEOs, top managers and other.

Balanced Scorecard Training and Coaching. We provide web-based and on site Balanced Scorecard trainings.

FREE Graphical Balanced Scorecard (BSC) templates for your presentation

Notice from developers: the version of web-based KPI system is in development now.

There are more types of strategy map supported - including snowflake, vertical and horizontal trees
Financial Outsourcing Balanced Scorecard - Strategy Map

Cyclical Strategy Map:
Financial Outsourcing Balanced Scorecard - Cyclical Strategy Map

Classical Strategy Map:
Financial Outsourcing Balanced Scorecard - Classical Strategy Map

Check overview scorecard report sample.

Check html scorecard report sample.

Check metrics (diamond) report sample.

Guide from KPI design to implementation and analysis of results.Premium KPI Guide Letter - email letter subscription with guides, checklists, schemes, real-life examples. Guide from KPI design to implementation and analysis of results. Learn more about KPI Guide Letter.

or free

We share best "how-to" ideas:

Subscribe to Balanced Scorecard ideas newsletter provided for free by authors of Strateg2Act web-site. You will have 1-2 emails every week with balanced scorecard ideas and tips.

 

Email:
Financial Outsourcing Metrics in Excel:
  • Download trial version of Financial Outsourcing Dashboard. Financial Outsourcing Estimation Balanced Scorecard is distributed as an Excel file. Before purchase you can download a trial version of the scorecard. Financial Outsourcing Estimation Balanced Scorecard Excel file contains a dashboard (see screenshots below), help information section, Balanced Scorecard details.
  • Purchase full version of Financial Outsourcing Dashboard. Immediately after your order will be processed you will have a link to download Balanced Scorecard (BSC) Excel file and file in Balanced Scorecard Designer format.
  • Use Financial Outsourcing scorecard online with BSC Designer Online system. This SaaS solutions provides world-wide access to scorecards with any web-browser.
  • It is necessary to start the design of KPIs with analysis of business problems, use Free SWOT Method Guide to perform this analysis. Check Balanced Scorecard Toolkit for scorecard designing instructions, download Key Risk Indicators (KRI) Toolkit for risk management.
More ideas on using Financial Outsourcing KPI:

Financial outsourcing is about handing over the ‘financial operations’ to an outsider, who is believed to be more proficient at carrying out those tasks. The concerns can be either ‘lower costs’ or ‘expertise’ that compels the concerned organization to go for outsourcing its financial operations.

The off-shoring decision however, always has to be a very well-thought one as the quality of output from outsourcer i.e. outsourcing operations can ‘make or mar’ the growth of ‘receiving organization’. Moving on, looking at the fact that ‘finance drives everything’, it becomes all the more important to choose the outsourcer intelligently after giving a good look at all the aspects involved that possess even a ‘minor’ role in the process.

By preparing a balanced scorecard to reflect the factors having an impact on ‘growth of outsourcing act’, it is possible to calculate the movements and make further improvements.

This ‘measurable approach’ sets the stage for a successful ‘financial off-shoring relationship’. The underlying reason is the transparency brought with this tool, thereby enabling all the involved parties know about the events and happenings of the act.

More useful information for Financial Evaluation:

Business Intelligence (BI) for Financial - measure performance with Financial Outsourcing Scorecard for Excel

We have designed Financial Outsourcing Balanced Scorecard (BSC) in MS Excel, so now you can measure and control your performance using this popular business tool. Download trial version right now.

Alignment with Balanced Scorecard and KPIs is a great way to control the performance of Financial.

In comparison to other business performance measure and control methods, alignment with KPI is much more easier to implement and use. Use Financial Outsourcing scorecard to align business performance.

Why do I need these metrics?

MS Excel files that we distribute are a spreadsheets packed with metrics information and the performance calculation formulas.

It's a real-business information. We invested in research that involved experts from Financial Estimation industry who elaborated and shared certain metrics. It's valuable, real-life experience which will help to improve the performance of your business.

  • I'm sure you understand the importance of measuring and controlling business using correct metrics, so this small investment will return in a great increase in sales.

  • To get a basic idea about what metrics to use. We learned a lot of business metrics and packed scorecard with the most successful.

  • To have a sample excel file, which is easy to modify to fit your needs. All Excel formulas are available for copy and change.

  • To start with measuring business performance. It's important to start with correct metrics, then you will be able to fulfill scorecard.

Financial Outsourcing Estimation Balanced Scorecard Screenshots

This is the actual scorecard with Financial Outsourcing Dashboard and performance indicators.

Metrics for Financial Evaluation. This is the actual scorecard with Financial Outsourcing Dashboard and performance indicators. The performance indicators include: screening perspective,infrastructural and technological competency,staff training and learning ability,redundancy factor,number of support systems,outsourcing partner capability perspective,accuracy meeting level,expectation fulfillment ratio,migration and streamline ease index,pre-set requirements conformance degree,outsourcing process assessment perspective,task outsourcing fraction,decision making alignment,on-going accounting savings percentage,cost savings ratio,benefits accruing perspective,increase in other activities,quality assurance index,number of data security measures adopted,number of successful projects that occurred because of financial outsourcing.

These indicators can be converted from text into the visualized view with BSC Designer strategy map function. Right now you can download trial version of Financial Outsourcing Dashboard or purchase full version of this Balanced Scorecard. Also, it is possible to import this scorecard into web-based balanced scorecard (BSC) software - BSC Designer Online, so it will be accessible to you and your employees with any web-browser.

 
Some help information that explains how to interpret scorecard.
Some Balanced Scorecard help information that explains how to interpret scorecard. What scores and weights can be changed.

Download or purchase Financial Outsourcing Estimation Balanced Scorecard

Right now you can download a trial version of Financial Outsourcing Estimation Balanced Scorecard or purchase a full version online. Also, if you are interested you can subscribe to our e-course that helps a lot with Balanced Scorecard design.

Made in Devoler

Copyright © 2000-2012 AKS-Labs. All rights reserved.