regular distributions and dividend payments. Invoicing systems and clear payment terms can both help to ensure prompt payment from clients. Our clients operate with 14 to 30 day payment terms Lack of reliable systems. A financial management system can be a significant asset in understanding the strengths and weaknesses of your beour difficult for Management architecture and engineering businesses tohave maintain Using inherent for Design methodologies we also business. Strong and up-to-date systems can help you to clearly developed a sophisticated Performance Assessment (KPA) across the critical a balanced cash reliable flow Key throughout the year. A successful business will your incomings and expenses so that you can react to issues areassee of your always bebusiness: aware of current cash flow and accounts receivables tobefore enable they arise. Your business also benefit fromInvoicing the abilitysystems to quickly regular distributions andwill dividend payments. andfilter clear • Profitability financial data by revenue stream so that you can quickly see which areas payment terms can both help to ensure prompt payment from clients. Our • Liquidity of the business are and aren’t making money. Financial and business clients operate with 14 to 30 day payment terms • Resourcing management systems can significantly ease the administrative burden • 3. Project Lack of Efficiency reliable systems. A financial management system can be a through automation and efficiency. • Business Development significant asset in understanding the strengths and weaknesses of your 4. Reducing costs rather than increasing revenues: of a Strong reliable systemsthe canebb helpand youflow to clearly that business. let you know quickly howand youup-to-date are performing. project-based workflow mean so fluctuations between gain see your incomings and can expenses that you can react tofinancial issues before So what’s the benefit to your business? and strain. It’s easy rush to cutfrom costs in ability times of but theyfinancial arise. Your business willto also benefit the to difficulty, quickly filter be careful not by to spreadsheets cut off valuable revenue streams and / or people the • No more data ad-hoc and financial revenue stream socalculations that you can quickly see whichatareas same time. If money is being spent to stimulate growth then the revenue • Information is accessed directly and available any-time, of the business are and aren’t making money. at Financial andanywhere business • Forecast where your business is heading as well as where it is now generated from spending could be far more valuable. Have a good look management systems can significantly ease the administrative burden • Graphical representation your information rathercut than numbers at your business development strategies and only once you have through automation and of efficiency. • Make decisions at the time analysed what is and isn’t working for your business. Reducing costs rather than increasing the ebb and flow of a • 4. Productivity improvements across the revenues: finance team 5. Big picture thinking. Profit for the sake of it is all good and well, but project-based workflow can mean between financial gain • R eduction in report generation andfluctuations more time on business analysis and sometimes a small profit gain can get in the way of long-term business and financial strain. It’s easy to rush to cut costs in times of difficulty, but decision making. success. Always about the big picture and long-term goals ofatyour be careful not tothink cut off valuable revenue streams and / or people the If you are ready to move your business performance analysis to — thebefore next business — with that financial forecasting you’ve done in mind same time. If money is being spent to stimulate growth then the revenue generation then pleasethat contact us and we will demonstrate the value it saying yes to projects will bring in more money in the short-term, butlook that generated from spending could be far valuable. Have a good will bring to your business. may ultimately obstructivestrategies to future progress. at your businessbut development and only cut once you have analysed what is and isn’t working for your business. 3.
How embracing can boost sometimes a small profit gain canchange get in the way of long-term business Top business tips for 2015 success. Always think about the big picture and long-term goals of your your — with for that2015 financial you’ve done in mind — before The businessbusiness climate looksforecasting set to be tough once again as the 5.
Big picture thinking. Profit for the sake of it is all good and well, but
Australian continues from being by mining to the sayingeconomy yes to projects that its willtransition bring in money in thedriven short-term, but that Global financial markets are in constant fluctuation, areout increasingly services and construction industries. is progress. a lot ofbusinesses uncertainty there as may ultimately but obstructive toThere future operating on will a global rather local and the world around us is a world to how 2015 unfold. Onethan thing thatscale, is certain however, is that businesses going into theeverything year with agoing strongdigital. strategic with will in a of pixels, with Yourplan ability toclear copeobjectives with and thrive perform than those restfactor on their changingbetter marketplace canwho be the thatlaurels. sets your business apart.
How embracing change can boost The IBM Institute for Business Value recently published the results of their your business Making Change Work study. The study surveyed 1,400 business professionals in 48 countries to get a closer look at the way change is met within business and the impact that markets attitude are to change has on companybusinesses performance. Global financial in constant fluctuation, are increasingly operating on a global rather than local scale, and the world around us is a world of pixels, with everything going digital. Your ability to cope with and thrive in a changing marketplace can be the factor that sets your business apart.
The IBM Institute for Business Value recently published the results of their Making Change Work study. The study surveyed 1,400 business professionals in 48 countries to get a closer look at the way change is met within business and the impact that attitude to change has on company performance.
