tyler-smith.com · Questions & Answers

Our systems require manual reconciling that takes ten days, meaning our weekly scorecard data is always a week behind. How do we run a real-time weekly Level 10 Meeting™ when our data pipeline is chronically lagging?

If your scorecard data is ten days old, you are driving your business by looking in the rearview mirror. Running a Level 10 Meeting™ with lagging data makes it impossible to solve issues proactively because you are always reacting to old history.

To solve this, you must separate your audited accounting data from your weekly operational tracking. Your weekly scorecard does not require perfect, double-entry financial reconciliation. It requires raw, directional activity metrics that can be counted instantly.

If you cannot get the exact billing figures by Monday morning, track the raw number of contracts signed, the number of hours logged, or the count of invoices sent during the week. These raw numbers are highly reliable proxies for your financial health and can be collected in minutes.

Additionally, look at your operational pipeline. Track leading metrics like the number of project milestones achieved or the volume of customer service tickets resolved. These activities happen in real time and do not depend on your month-end accounting close.

Accept that some scorecard numbers might be ninety-five percent accurate instead of one hundred percent accurate. The speed of the information is far more valuable for operational steering than absolute financial precision. Save the absolute precision for your monthly financial statements and use your weekly scorecard to run the business in real time.

Category: Scorecards & Data

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