Tuesday, 04 October 2011 17:37
Last Updated on Wednesday, 23 November 2011 20:11
Written by admin
How much more useful would your Management Information be if it took 4 days to produce instead of weeks?
It’s essential for a growing business to have good financial information. But if it takes longer to produce the information than you spend reviewing it then the balance is wrong.
We can work with your finance function and the systems they use to make sure that the two work together to produce financial information as quickly and as accurately as possible.
Our team has undertaken a number of projects including:
- Reducing a company’s month end timetable from 3 weeks to 4 days, simply by allocating specific jobs to each member of staff, training them on how to do it well and automating links between the accounting system and Excel. The team now produces management accounts with key performance indicators in just 4 days.
- Creating a bespoke Accounting System for a local charity to produce management accounts and VAT returns. They have dramatically reduced their accounting bill by using the software.
- Using Sage to Excel integration to automate the production of management accounts. This, along with training and a restructure of the accounts function, has enabled the group to increase transaction volume at no extra cost.
To learn more about how to use Sage to Excel integration to automate your management accounts, please email Michelle at michelle@collaborative-accounts.co.uk and she’ll send you our latest podcast.