Understanding your business performance
What gets measured gets managed
Key financial reports and management reports contain lots of valuable information on how a business is performing, and they must be reviewed regularly and in conjunction with the strategy.
But often, it can be bewildering to know what reports to look at and what figures to review on those reports.
That's where we come in. Firstly, we make sure that your reports are accurate, complete, and available to you at the right time. Then, we guide you on which reports to use, highlight the exceptions, and advise you how the business is performing against your strategy.
Reviewing feedback on business performance helps to reset objectives and communicate them quickly to all areas of the business.
Consider these questions when measuring your business results:
- Do you review your business performance on a regular basis?
- Are the numbers you’re tracking relevant and meaningful to you and the management team?
- Have you implemented both financial and non-financial performance measures?
- Do you compare the performance to your strategy?
- Do you have monthly procedures and checklists to identify and resolve issues?
Our Approach
Based on your requirements and systems environment, we will develop a business performance reporting methodology that will give you and your team accurate and timely information that you can easily understand.
Once your reporting systems are set up, we can work alongside you to help identify those areas of your business that may need attention and make suggestions for improvement.
Take the next step: contact us!
Drop us a line and we'll be in touch or call directly on:
Empower Business & Accounting Solutions are business advisors and consultants specialising in strategy development, business systems and processes, and management accounting.
We are based in the Bay of Islands and covering Northland, from Whangarei to Kaitaia, including Dargaville, Kaikohe, Paihia, Kerikeri, Mangonui, and beyond.
Empower Business & Accounting Solutions
Kerikeri, Northland