Clear and concise monthly management reports are an essential requirement for SME business owners. Without them, you’re effectively operating in the dark – which only increases the everyday pressures that you, and your team, are trying to deal with.
Generating meaningful management information and key performance indicators (KPIs) requires a specific skillset. Asking your accountant or local bookkeeper for a management accounting report is like asking a plumber to sort out your electrics for you – they just don’t have the training or the relevant commercial experience to provide good business information. An experienced SME financial controller, however, has spent their working life providing and explaining business management information. And getting your hands on the insights you need from one month to the next is a key step in setting your business up for sustainable future success.
5 fundamental benefits of meaningful management information and KPIs
Gain peace of mind with complete visibility over your costs and your profit, and make informed decisions accordingly.
Keep on track for profit with measurable KPIs and targets.
Gain clear understanding with a concise, realistic picture of ongoing business performance.
Improve team accountability by easily comparing business performance trends.
Better decision-making, supported by financial insights that help you improve profit and fuel your growth.
“YRH really got under the skin of our business and helped us to see where we’re really making money (and not!). They provided us with relevant and understandable management information, helping us build a business which has delivered mind blowing growth year on year for the last 3 years.”
Founder, Media agency
Learn more about how meaningful management information and KPIs can help your business
Know your numbers to grow your business
Download the report to find out how meaningful management information can help you optimise your profits and cashflow from what you already have.
- What is management information and why do you need it?
- How to access and harness the information you need
- How to develop a scalable finance function to enable business growth
- Case studies: the impact of management information on three SME businesses
- Common myths and misconceptions about the finance function
Ready to chat? We’d love to hear how you’re doing and see where we can help