Profit Strategy 4: Better Informed Decision-Making
Profit Process: Finance Stack
Outcome: Stronger profitability
The Finance Stack provides a sharper insight into the current financial performance of each level of the business, enabling better informed decision-making.
- Innovative automation of tailored financial reporting, forecasting, processes and work flows
- More efficient and accurate transfer of data, linking job costing, time-sheeting and invoicing through the incorporation of effective IT tools
- On-time invoicing to minimise risk of cash-flow shortage debt
- Improved cost controls
- Efficient receivables and debt management
- Updated systems to improve financial planning and forecasting, with access to historical data
Finance Stack Key Takeaway Points:
The Financial Stack identifies six distinct functions that can be maximised with a software to meet your company’s specific requirements. These functions are flexible and can be tailored to your business.