Monitor your businesses performance against your Financial Forecast. Tools that will help you are:
Sure you can report budget v actual, but what happens when underlying changes occur, wait until next year to do another budget?
SMEs need to reforecast and report underlying changes regularly. The annual budgeting process eventually dies and rolling forecasts are the norm.
Like some help getting Rolling Forecasts working for your business? Click here
Every business should know what its most important KPI is, measure and report it.
An exceptional tool for analysing and understanding business value.
Benchmarking, Activity Based Costing, Lean, Six Sigma, Value Chain analysis.