Management information plays a very important role in successfully managing your business. We focus not only on data evaluation but more importantly on value creation.
You can choose to have monthly or quarterly Management Accounts, depending on how closely you want to monitor your business. Apart from P&L and Balance Sheet, we recommend additional performance measures that are best suited to monitor the performance of your business. This will help to support decision making and planning.
Monitoring the business performance helps to stay on track in various important business scenarios, such as:
- Improving the Cash Flow without jeopardising supplier and customer relationship;
- It shows how business is performing against the budget and whether any adjustments are needed;
- It helps to have an in-depth look into your business dynamics e.g. how various product or services selling, the best pricing and marketing strategy, stock control, investment decisions and new growth and improvement opportunities