Every financial package or operational system today has a dashboard. These are generic dashboards, which may be sufficient for gaining quick insights into day-to-day topics. However, they rarely address the core issues and seldom align with the concerns of financial professionals. Every financial professional and every business is unique. We translate these unique characteristics into a custom dashboard for financial professionals. These data-driven management dashboards meet several key criteria:
- Custom-built
- Focused on what is relevant for the financial professional
- Access to underlying transactions
- Automatically updated based on a pre-agreed frequency
- Adaptable to new circumstances
We enjoy working with financial professionals who share our data-driven mindset. This collaboration stems from a shared belief that focusing on relevant insights empowers financial professionals. Focus on What’s Going Well and What Needs Improvement.
When it becomes clear that performance is consistently lagging expectations or when trends deviate from recent historical patterns, it’s time to explore the underlying financial issues further. These are the root cause and exception analyses. Before beginning, we discuss the scope, timeline, and fees for these additional analyses. Findings are shared through intuitive visualizations in our Data Portal, powered by Tableau.
Recent data analysis challenges for financial professionals are:
- Revenue and Margin Insights: Analysis of revenue and margin development, and identifying deviations from performance against internal norms and/or expectations.
- Cashflow Insights: In-depth analysis of cash flow development, including root cause analysis of unplanned cash flow movements, along with a deeper look into payment behavior of suppliers and debtors.
- Payment Environment Analysis: Insights into the company’s payment environment, with transaction analysis per involved employee, and the identification of duplicate payments.
- VAT Positions: Insights into VAT positions and the correct application of VAT percentages.
- ESG Performance Analysis: Review of ESG performance compared to internal benchmarks.
- Internal Controls Evaluation: Assessment of the design and effectiveness of internal controls over relevant financial processes (using process mining).
