Business operating environments are continually changing.
Successful business leaders and managers are aware of the need to regularly review operations and business functions to ensure performance against strategic objectives and business goals.
Having a solid information system which delivers timely and relevant reporting data is your best approach to keeping abreast of changes arising in your business as well as informing key actions to deliver business performance.
Data analytics has improved significantly in recent years with the move of operational data into the Cloud. Access to this information is now easier than ever to track and manage performance metrics.
How we help clients with business performance improvement
HLB Mann Judd’s team will assist you in establishing data collection systems of financial and non financial information to provide your business with key insights and indicators of performance.
Our process starts with obtaining from you a clear understanding of the goals of your business. It will help us capture the key information to track and manage. Following, we will construct a chart of accounts relevant to your management reporting, tracking locations, divisional and team based data. We offer advice and support around key business issues through the use of technology and data as well using our depth of experience to assist with your changing requirements.
We have a wealth of knowledge advising on financial and non financial benchmarks and indicators of performance for manufacturing, distribution, wholesale and service based businesses. We have expertise in utilising data available from cloud based ERP and information systems to extract and analyse and provide to you in ways to assist your decision making.
We can also assist in establishing performance dashboards to from data sources in SME software such as Xero and MYOB.
We recommend speaking to a Business Advisory partner to learn more about our approach towards business performance improvement and next steps.