We tend to think that if we are busy, life is good. The reality is that we may be busy losing money. Are you tracking the right numbers? Do you know what it costs you to operate each day? Do you know your average gross profit for each department, and do you have a daily sales goal?

KPIs are the current buzz in the collision industry to answer these questions. Estimate software companies, as well as paint companies, are all sharing information about KPIs. The term "Key Performance Indicators" is briefly defined as financial and non-financial measurements used to help an organization define and evaluate its success. But have you ever looked at one of these reports, walked out of a DRP review, or picked up your income statement from the accountant and wondered, "How do I make sense of it all?"

The COLORMATCH staff can provide you with a "Benchmark Performance Trend", an easy-to-read categorized purchasing report. We also have experience with management systems and can help you understand your KPIs and use them to develop a winning business strategy.

Let COLORMATCH help you understand the KPIs of your business and give you the keys to unlock your success!!!

KPIs you should know:

• Estimations Written
• Jobs Sold
• Second Contact
• Closing Ratio
• Sales by Profit Center
• Sales by Department
• Hours Sold by Department
• Profit % by Profit Center & Department
• Labor Efficiency
• Break-even by Sales & Date
• Average Cycle Time
• Average RO
• A/R & Days Out
• Insurance Numbers