Is your accounting system a necessary
evil monster that has to be feed? Most small business accounting systems are designed to process payroll, pay taxes and apply
for loan. A system that is good at reporting what has happened. A system designed to tell you when you ran off the cliff.
Not a system that helps you anticipate problems and proactively drive profits.
An accounting system
can't tell you everything about your company, but it can tell you more about business well-being and performance than any
other source of information. We can show you and teach you how.
When driving a car, you have a dashboard in front of you
that tells you how fast you are going, when the car is in danger of overheating, how much fuel you have – everything
you need to know about what is going on. You don’t have to be a mechanic to understand the dashboard, but you know when
and what actions need to be taken.
What you need for
your Company is a business dashboard that is monitoring the activities and health of the Company. You don’t need to
be an accountant to understand the instruments but you do need to know to read your business dashboard to see emerging problems.
.
Having an effective business measurement system begins with having accurate and timely financial data. With
that in place, then financial data can be converted into information to provide a way of anticipating problems and proactively
manage your business.