As a Business owner, you should be striving for continual improvement of your business Performances- and one way to do this is by using dashboard reports.

Dashboards provide business intelligence- in other words, useful information to monitor and track your business on a regular basis.

A great example is your car dashboard; you don’t have to work out when your fuel is going to run out or when you are speeding; the information you need can be seen at a simple glance.

Dashboards are designed for your individual business. They are unique and adapt as the business grows. Some items you might have on your dashboard (depending on your business) are;

·        What products/services are you selling the most/ less of

·       Your cost per employee per product/service,

·       How many complaints/ returns are you having each month,

·        Your quote conversion rate

·        Your average revenue per sale

Imagine receiving a couple of pages each month that summarises important information to help you initiate further action or
facilitate discussions and decisions.

Large organisations have been using dashboard reporting for decades, as it provides vital information to the time-poor CEO’s who need information at their fingertips. But larger organisations have a larger cash flow and can afford a full time Management Accountant to analyse the data and design a dashboard for them.

This leaves the small to medium businesses behind as they can’t afford a full time Management Accountant, this is where SF Accounting comes into helping small to medium businesses.  We work within your budget to provide vital monthly dashboards for your business so you can review and/or meet up to discuss outcomes.

Imagine receiving a dashboard report each month that you can understand and review. You can then make decisions on how to improve growth or reduce risks. It also makes you accountable to step back and really look at how the business is tracking and how to future grow your business.

If you would like to look at Dashboard reporting please don’t hesitate in emailing/calling and we can sit down with a coffee to make sure we’ll be a good team.