KPI Library
Number of New Balance Transactions
Number of times a transaction has been made with the company’s credit card within the billing period.
Amount of times a transaction has been made with the company’s credit card within the billing period.
There are different transactions that you or your employees can do with the company’s credit card. This KPI takes into account payments, purchases, transfers, fees, and any other transaction that your company needs. These, therefore, will impact your next balance, since they’ll determine the amount of money that you have left after the billing period. This KPI will show in real-time the amount of transactions you’re doing on the company’s balance so that you can easily keep an eye on your finances. It also allows you to stay on top of your expenses and act fast on them whenever needed.
KPI Example
Number of New Balance Transactions
What is the Number of New Balance Transactions?
The Number of New Balance Transactions shows in real time the number of transactions made on the company’s balance, allowing you to easily keep an eye on your finances. This KPI also allows you to stay on top of your expenses and quickly act on them whenever needed.
Number of New Balance Transactions is a relevant KPI for your finance team to track.
Why is the Number of New Balance Transactions important?
The Number of New Balance Transactions is an important KPI, as there are different transactions you or your employees can make with the company’s credit card.
This KPI takes into account payments, purchases, transfers, fees, and any other transaction that your company needs. These expenses will impact your next balance, since they’ll determine the amount of money that you have left after the billing period.
Other KPIs similar to Number of New Balance Transactions include: