Remember back when you started your business and the excitement that you built up to deliver your unique and viable product? In its infancy, your business had nowhere to go but up and forward; and now, as that small to medium sized business (SMB) is growing, one of the most important keys to success is having a simple and proven infrastructure in place.
You have to ask yourself, “Is your business running you? Or, are you running your business?” You need key metrics that can pinpoint the areas in which you excel, as well as those areas that need improvement. I came across the Entrepreneurial Operating System® (EOS) and thought how brilliant these folks are. EOS is a comprehensive business operating system, integrating a holistic business model with a complete set of simple business tools and a proven business process. The EOS team helps align and synchronize all the pieces of your business to produce the results you want. In short, EOS measures and evaluates every aspect of your business, including the in between gray area, to help determine whether or not you’re meeting the goals of your business.
Operational metrics
If you are running on EOS, Gravity Software's® (Gravity) accountability dashboard will work for you. I want to make it clear, that Gravity is not an EOS system. Gravity provides a set of tools to help SMBs grow. The combination of Gravity’s financial system with our goal management system is helping SMBs meet key goals and drive accountability within an organization. Gravity's operational dashboard aligns with EOS principals that measures team members’ performance and progress while promoting accountability.
It seems simple enough, but it’s crucial that you know exactly how well your business is doing. Because Gravity is built on the Microsoft Power Platform (aka Dynamics 365), all your information is stored in one database, and one platform. By incorporating a goal management system, you can get a pulse on your business so you can make better informed decisions.
Establish your own metrics
One of the scorecard’s best features is its flexibility. Gravity's goal management system is far from a one size fits all template, and more of a holistic tool that aligns itself with the needs of your company’s growth.
Here are some key benefits:
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The ability to choose from multiple common metrics,
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Ability to add your own unique metrics,
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The ability to measure progress with minimum and maximum floor and ceiling thresholds.
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Drive accountability throughout the organization by assigning key metrics to specific individuals. You are able to chart their week by week progress in meeting their goals.
Gravity is all about transparency, allowing users to have easy and quick access (based on security) to information.
If your business is operating on an entry level accounting solution, it may be time for a checkup. Take control and schedule your online demo today. More than just accounting, Gravity provides the necessary tools and processes to help your business grow.
Gravity Software
Better. Smarter. Accounting.
