Business reporting is not dealing with objects, it is dealing with relationships between objects.
Capabilities
It’s important that you measure your financial results and key drivers in your business. Otherwise, you can’t implement meaningful improvement strategies and achieve your business goals.
Your regular Management Report will provide a snapshot of your results, ensuring you understand your financial position and have accurate and up-to-date data to make informed decisions. If you want to regularly monitor the key drivers in your business and financial results to ensure you’re on track to achieve your goals, this service is essential!
Benefits of our Management Reporting service to you:
- Receive a customised monthly or weekly management report to regularly measure your performance
- Access a visual dashboard summary of multiple reports, enabling you to quickly interpret your results
- Implement best-practice monitoring to enable better decision making
- Develop the discipline to prioritise reviewing your results each month and identify areas for improvement
- Understand the factors that impact your results so you can develop strategies to maximise your results
Our KMT team of experts will partner with you to support your business decision making by providing the right information, backed by the right tools and advice:
- Establish Key Performance Indicators (KPIs) for your business and set achievement targets
- Review Actual vs Budget performance each month/quarter.
- Identify areas for improvement and set actions to ensure you’re on track to achieve your goals.
- Have a monthly or quarterly Board Meeting chaired by our accountant.
A pre-set agenda will ensure that you regularly challenge yourself about all aspects of your business performance and operations.
To determine which drivers to measure and ensure you understand how to interpret your reports, learn more about our Financial Awareness and KPI Improvement as part of our Virtual CFO service.
Contact us today on 08 8431 0022 or email kmtp@kmtpartners.com.au for a demo of how we can generate meaningful visual reports for you to better understand your financial results and make informed decisions.