By Johan Smith - 10 Jan 2021
70-80% of all businesses rely on spreadsheets for their financial reporting and budgeting. Spreadsheets are useful, but NOT for recurring processes. It is time-consuming to renew the numbers every month, copy-paste new data, make manual changes, update formulas etc.
Read more →By Edgar de Wit - 8 Jan 2021
Lots of people are struggling to produce their reporting on time every month. Multiple deadlines, last-minute changes, data that arrives late etc. All the time goes into producing the reports, and little time is left to analyze the numbers.
Read more →By Johan Smith - 6 Jan 2021
When you buid your reports, it is important you focus on the metrics that tell the story behind your numbers. What drives your business, and what is driving your numbers? And more importantly, which metrics can be influenced by management going forward?
Read more →By Edgar de Wit - 4 Jan 2021
Many companies end up with complicated reporting spreadsheets, just because their Chart of Accounts is messy. Too many accounts, too few, inconsistent classification, bookings not properly coded etc. Trying to correct that in the reports every month is a nightmare.
Read more →By Johan Smith - 2 Jan 2021
We often see budgets that try to predict the future in great detail without focussing on the fundamentals of the business, and without clear goals and actions as an outcome. Often that leads to mere future-telling without hands on the steering wheel.
Read more →By Edgar de Wit - 1 Jan 2021
Many companies have multiple "dimensions" in their business but are unable to analyze their results. Examples are: product groups, countries, sales channels, divisions, departments etc. It is difficult to manage the business if you can't report numbers for each of these dimensions.
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