oboloo Glossary

Turn Around Rate

oboloo Glossary

Turn Around Rate

Turn Around Rate (TAR) is a key business metric that measures the speed at which operations are completed. It is typically used to measure the efficiency of employees, processes, and entire departments within a company. TAR combines both time and resources to give businesses an idea of how quickly they can complete projects or tasks. In other words, it’s an essential tool for measuring productivity and success in any business. Companies with high Turn Around Rates tend to be more efficient, run more smoothly, and ultimately, are more successful than those with lower rates. Investing in improving your TAR can lead to faster growth and higher profits!