Improved decision making
The client's challenge
Decision making was impeded by lack of timely, accurate and meaningful financial management reports.
Our solution
- identify key information for making critical decisions
- develop a process for providing “just in time” reports
- help ensure optimal use of software and IT infrastructure
- train internal staff in ongoing report replication
The results
- owners now receive “dashboard” reports that help identify issues, solve problems, and implement cost-effective strategies
- improved financial decision-making increased gross profit margin by 22%
- significant cost savings ($100,000) by maximizing use of current software to its fullest capabilities instead of unnecessary new purchase