Understanding your business is essential to planning the future. Visibility into where your business is at allows you to make more informed decisions based on the risks and opportunities that you face. Typically, it takes a good chunk of time to calculate the metrics that comprise your business health and distill them down to a health score. Now, Clockwork does this for you automatically.
How Does Clockwork Calculate My Score?
Clockwork computes and scores 6 metrics in order to output the Clockwork Score you see on your dashboard. These metrics are:
Revenue Trend (Average month-over-month change)
EBITDA (Average result)
EBITDA Margin Trend (Average month-over-month change)
Net Cash Flow (Average result)
Net Cash Flow Trend (Average month-over-month change)
Cash Forecast (Forward-looking trend)
Note: The first 5 metrics are based on the 6 most recent months of your performance, while the last is based on your Clockwork Cash Flow forecast
Alerts
If your Clockwork Score has an alert next to it (as shown below), then Clockwork has identified something that demands your immediate attention. The indicator that is highlighted is the one you should focus your attention on (in this case, Cash Forecast) and if you hover over the question mark then it will explain what's going on.
Need help? Reach out to our support chat in the bottom right of your screen any time you have questions!