The quality of management information is critical to business owners to allow the best possible basis for decision-making.
When assisting with management reporting, we help design appropriate management reporting by assessing some fundamental issues, such as:
- Do we have the right information at the right time to run the business?
- Is too much time spent producing the numbers rather than gaining real insight?
- Are our performance measures transparent? And how can we clarify accountabilities for performance management across the business?
- How can we align rewards with performance to drive the right actions?
- How can we develop a performance language that fosters non-threatening analysis and discussion of business issues and opportunities?
How we deliver
Management reporting is specifically designed for your business so that it is easy to evaluate your performance across multiple areas of the business. The management reports will:
- Summarise and analyse the key areas of financial performance in your business
- Track against agreed targets
- Focus on KPIs that are aligned with the strategic direction of your business
- Interpretation and analysis of your financial information
- Provide dashboards where appropriate, so key information is easy to find and easy to understand
And we love the Cloud!
With rapid advances in cloud based tools, it is now more efficient and effective to provide quality management reporting to you. We will select the best technology partner to work alongside your business. This does not mean that you need to change to cloud accounting, but we do recommend it!