Our Management Reporting Service

“What gets measured gets managed.” – Peter Drucker

If you aren’t measuring your financial results and the key drivers of your business, you can’t properly manage them or implement meaningful improvement strategies.  The better you understand your business, the easier it will be to make more money or reduce your working hours.

Our Management Reporting service will help you stay on track to achieve your goals, and can be delivered monthly or quarterly.  Your Management Report provides a snapshot of your results, forcing you to take time out from working in your business to get perspective of your financial position and determine the best actions for improvement.

Having accurate and up to date information to base your decisions on is key.  We want to help you to better understand and interpret your numbers and enable your success.

Who should have Management Reports?

If you want to regularly monitor the key drivers in your business and your financial results to ensure you’re on track with your budget to achieve your goals, then management reporting is essential.

What are the benefits of Management Reports?

  • Establish Key Performance Indicators for your business and set achievement targets

  • Receive a customised monthly, or quarterly, Management Report to regularly measure your performance

  • Obtain a visual dashboard summary of multiple reports that enables you to quickly interpret your results

  • Improve your financial awareness so you know what you should measure and how to measure it

  • Implement best practice monitoring to enable better decision making

  • Create a benchmark to compare future results against

  • Set aside time each month to discuss your financial results with a senior team member

  • Measure your actual results against your targets

  • Develop the discipline to prioritise reviewing your results each month to identify areas for improvement

  • Understand the factors that impact your results so you can develop strategies to maximise your results

  • Set the direction of your business and key areas to focus on

  • Identify important trends in your business

  • See the impact your actual results have on your targets

What is involved?

click here to download a sample management reportYou’ll attend an initial meeting (Zoom or face to face), lasting no longer than two hours, where we’ll:

  • Determine the five most important Key Performance Indicators (KPIs) for you to measure

  • Create your custom report template

  • Ensure you understand how to interpret your management report each month

  • Identify the best way to collect key data for your report

Each month (or quarter) we’ll send you a copy of your Management Report then follow up with a 15 minute momentum phone or Zoom call to discuss your results.  We’ll help identify areas for improvement and set actions for you to complete prior to the next month (or quarter) to ensure you’re on track to achieve your goals.

Check out how this works each month/quarter with our Management Accounts Process Chart.

When should I start?

Any time is a good time to undertake Management Reporting.  The better you understand your financial results and their implications for your business, the more informed your decision making will be.

How do I start?

If you’re an existing client simply email either Cheryl or Vikki to ask to add management reporting to your services, and we’ll get you a proposal forwarded over.

If you are not working with PPF yet, then please visit our Work With Us page, complete the quick questionnaire and book a discovery call with us today!

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