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"8 Financial Reports Every Facilities Manager Needs & Every CFO Love"

8 Financial Reports Every Facilities Manager Needs (and Every CFO Loves)

8 Financial Reports Every Facilities Manager Needs (and Every CFO Loves)

White Paper: ServiceChannel

Facilities managers are tasked with all kinds of responsibilities, from ensuring the look and feel of a company’s locations remains in top notch order to literally keeping the lights on. Being a facilities manager is critical to maintain visibility into all aspects of the operations, particularly from the financial perspective.

This whitepaper discusses all the metrics that are the key indicators many facilities managers use to stay on top of their game.

It highlights the following key questions:

  • What are the metrics that are important for a facilities management group to track and report on to the finance group?

  • What are the numbers that modern facilities managers share with their CFO?

  • What financial benchmarks and data points should you regularly use to optimize performance and make smarter decisions?

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What is

What is Returns on Investment ?

ROI is a term to determine the loss or gain generated on the particular capital invested. It is basically calculated in percentage and is a big factor when it comes to making financial decisions. It is not same as that of profit, but helps in determining the performance of the business. ROI can be positive or negative.

What is CFO ?

A Chief Financial Officer or CFO, also known by the names of financial controller, comptroller, and treasurer is the senior management executive of the company whose primary objectives include making vital financial strategies and recording the cash flow. A CFO is the supreme head of the Finance and Accounting department and often works jointly with the CEO of the company to undertake imperative financial decisions for company’s investment or asset composition.

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