Turning Point Strategic Advisors

Some hangovers can take a little longer to shake than others. Among those might be the Election Day Hangover 🥴 One of our clients definitely relates, as they told their employees to take the day off tomorrow to "recover." If you had the day off post-election, would it help you finish out the week? #tptuesday #electionday

When choosing KPIs, it's easy to get lost in the data. The key is to focus on metrics that provide actionable information and align with the broader objectives of the business. Here is a list of dashboards that can help leaders understand how business is performing today and where it’s headed tomorrow: ✅ Gross Profit Margin: Developing a real-time dashboard with gross profit margin by category, customers, and divisions compared against plan and prior periods is a key measure of operational health. ✅ Working Capital Dashboard, including: - Current Ratio & Quick Ratio: Instantly convey the company's short-term liquidity status. - Cash Conversion Cycle: Paints a clear picture of how quickly cash flows through the business by showing the duration of receivables, inventory, and payables turnover. - Accounts Receivable (AR) & Payable (AP): Focuses on the ebb and flow of cash. - AR vs. AP Turnover: Reveals the efficiency of collecting receivables versus paying payables. - Maturity of AR & AP: Show the aging of both, helping predict the cash-to-cash cycle and the upcoming cash requirements. - Days of Inventory: Indicates how quickly inventory is sold. - Inventory Turnover Ratio: A breakdown of current inventory by category or product line paired with inbound inventory on Purchase Orders reveals how efficiently inventory is managed. As a final step, creating a revenue & gross profit dashboard combined with the working capital levers for a customer, division, or product line provides a complete picture of performance. #dataanalytics #businessintelligence #cfoinsights

YES! But not to rewrite your resume. Kristina Angel shares some ideas on how AI can support you in your search and interview process. #recruitingtips #jobsearch #interviewprep

Happy Halloween from the Turning Point crew! 🎃 No better day to have a costume contest. Congrats to our spook-tacular winners Bobbie Allen (skeleton), Adam Phelan ("all-hands" meeting), and Marianna Corcoran (company mascot, Cash Cow, CPA). Also, a howl to Angela Wilkins for her pumpkin carving skills! Thank you to our helper elf, Jamie Barnes, for pulling it all together - and to everyone on the team for a frightfully fun start to the day!

Our monthly edition of CFO Excellence is out! Kristina Angel digs into the hiring landscape and what to expect going into the new year. Plus, a quick piece of advice when it comes to preparing your annual budgets 💲 #cfoexcellence #cfoinsights #ceoinsights #recruitingtrends

We’re gearing up for Halloween at Turning Point with a costume contest, pumpkin carving, and scary movie trivia on Thursday! Speaking of spooky – if your work life were a horror film, what would be the plot twist? #tptuesday #culture #halloween

💡 Did you know that Microsoft Excel has a limit of about one million rows per sheet? When your organization has a high volume of sales or data that dates back a few years, the roadblock turns up quickly. This is when tools like Power BI become a necessity to analyze, and even visualize, your entire data set. Data analytics tools allow for more seamless and turnkey reporting to help you make informed decisions for your business. #dataanalytics #datavisualization #strategicleadership

If you are a company backed by private equity and are facing a liquidity crisis, don't wait to sound the alarm. Eric Camm has seen many get into a tight spot and has advice for anyone who might be in a similar situation. #turnaround #restructure #privateequity

We are proud to sponsor this year's ACG Chicago Midwest Capital Connection conference. With well over 130 investment banks and 300 capital providers attending, we know this year's event will blow it out of the water. Kristina Angel, Julie Stead, Brian K. Grant, and Julie Jurek will all be there and are looking forward to connecting! #ACG #ACGChicago #MidwestCapitalConnection

The best and worst time of the year to look for and start a new job can vary greatly by industry. Our executive search team sees openings come up year round, but it's typical for workers to join a new organization at the beginning of the year or in the fall. Have you had a similar experience, or did you start your most recent / current job during a different time? #tptuesday #hiringtrends #jobmarket