Tõhususarvestus

Tõhususarvestus is an Estonian term that translates to "efficiency accounting" or "performance accounting." It refers to a system of measuring, reporting, and analyzing the efficiency and effectiveness of an organization's operations and processes. The primary goal of tõhususarvestus is to identify areas where resources are being used suboptimally and to implement improvements to enhance productivity and profitability.

This approach goes beyond traditional financial accounting by incorporating non-financial metrics that reflect operational performance. These metrics can include things like production output, resource utilization rates, waste reduction, customer satisfaction levels, employee productivity, and the time taken to complete specific tasks. By tracking these indicators, organizations can gain a more holistic understanding of their performance.

The process typically involves setting clear performance targets, collecting relevant data, analyzing the results to identify deviations from targets, and then taking corrective actions. Tõhususarvestus is often used in conjunction with strategic planning and management control systems. It helps managers make informed decisions, allocate resources more effectively, and drive continuous improvement initiatives. It can be applied across various sectors, including manufacturing, services, and public administration, to optimize performance and achieve organizational goals.