Enhanced Reporting and KPIs
“Yes, I get regular reports from the accountant, but they don’t make much sense and aren’t very useful”.
Managing a business involves collecting a lot of data and financial information in order to comply with tax laws and pay staff & suppliers correctly. This takes time and effort and provides a mine of information about how the business is performing but in so many instances this effort is wasted. If the data is not collated and interpreted in a useful fashion it cannot be used to run the business more effectively or profitably.
At Cotbury we are experienced at taking this impenetrable list of numbers and presenting it in a way that makes sense to you and helps you keep your fingers on the pulse of your business.
KPIs – What are they? Key Performance Indicators
These are the key metrics that drive activity and performance of your business. They may be financial (monthly sales) or they may be non-financial (number of customers through the door). Knowing what to measure and manage without getting bogged down in detail is the key to running a business efficiently and maximizing profits.
If you would like to discuss your reporting requirements on a one-off or ongoing basis please contact us.