Measuring Vital Signs: Metrics That Matter for Equipment Finance Companies
No one likes spending time in the hospital. Privacy is nil, the beds are uncomfortable and the experience often includes being hooked up to what looks like a server rack full of monitoring equipment — a heart rate monitor to track your heartbeat, a blood pressure monitor to watch your circulation, a thermometer to track your temperature and the list goes on and on.
These devices may be uncomfortable, but they play a critical role in patient health, working together to tell the hospital staff what’s going on with your body on a second-by-second basis. Most critically, they sound the alarm as soon as something, even if it is minor, starts to go wrong.That’s exactly the role that well-defined financial metrics can play for a leasing company.