The Value of New Balance Transactions is the monetary value of your credit card transactions over the last billing period (usually a month).
There are different transactions that you or your employees can make on the company’s credit card. This KPI takes into account payments, purchases, transfers, fees, or any other transaction that your company needs. These charges impact your next balance, since they determine the money you’ll have left after the billing period.
This is a relevant KPI for your finance team to monitor.