Percentage of daily cash balances versus forecast
This measure calculates the sum of daily cash balances as a percentage of forecasted total cash balances. This Process Efficiency measure is intended to help companies minimize waste and refine resource consumption related to the process "Monitor currency exposure/hedge currency".
Benchmark Data
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Compute this Measure
Units for this measure are percent.
Percentage of daily cash balances versus forecast
Key Terms
Process efficiency represents how well a process converts its inputs into outputs. A process that converts 100% of the inputs into outputs without waste is more efficient than one that converts a similar amount of inputs into fewer outputs.
The metric value which represents the 50th percentile of a peer group. This could also be communicated as the metric value where half of the peer group sample shows lower performance than the expressed metric value or half of the peer group sample shows higher performance than the expressed metric value.