KEY JOB OUTPUTS KEY OBJECTIVES KEY PERFORMANCE WEIGHTING PERFORMANCE INDICATORS (KPI’s) AREA(KPA’s) Cash forecast Ensure that cash Preparation of the 15 inflows are known company’s Expected per week & Month inflows forecasts by the for better planning 5th of every month. of payables Old debt To reduce the Preparation and 15 submission of Forecast collections company’s debt collections and forecast aging to within 90 discussing and agreeing days the same with Commercial team by 30th monthly Ensure that all services Protect Seal revenue 15 provided by the company’s leakage gaps company are billed and revenues invoiced, monitor collection on all active accounts and close the gap where some revenues are not billed. Ensure that stocks Monitoring through a 15 stock to cash Stock to cash taken out of the reconciliation on a daily recon warehouse is sold basis stock movements and the cash ends and conversion of the up in the bank same to liquid cash Debt Demand letters Working with, Credit Management where payment Control in establishing 10 the company’s daily report through cheques liquidity position and bounce and raising red flags for highlighting long refer to drawer o/s debt to credit cheques control
KEY JOB OUTPUTS KEY PERFORMANCE AREA(KPA’s) OBJECTIVES KEY PERFORMANCE INDICATORS (KPI’s) WEIGHTING Cash forecast Ensure that cash inflows are known per week & Month for better planning of payables Preparation of the company’s Expected inflows forecasts by the 5th of every month. 15 Old debt collections forecast To reduce the company’s debt aging to within 90 days Preparation and submission of Forecast collections and discussing and agreeing the same with Commercial team by 30th monthly 15 Protect company’s revenues Seal revenue leakage gaps Ensure that all services provided by the company are billed and invoiced, monitor collection on all active accounts and close the gap where some revenues are not billed. 15 Stock to cash recon Ensure that stocks taken out of the warehouse is sold and the cash ends up in the bank Monitoring through a stock to cash reconciliation on a daily basis stock movements and conversion of the same to liquid cash 15 Debt Management report Demand letters where payment through cheques bounce and highlighting long o/s debt to credit control Working with, Credit Control in establishing the company’s daily liquidity position and raising red flags for refer to drawer cheques 10