Manage the business by the numbers
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Your Financial statements are your only scorecard. They record every transaction. Each transaction in turn is as a result of a decision. Having command of your financial statements empowers you to enhance the way that you make decisions.
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Manage the business by the numbers
- 1. Manage the business by the numbers Global Financial Bridge www.gfbridge.com agien@gfbridge.com
- 2. Answer important business questions Measure the financial statement impact of past and future decisions. Identify waste and how performance will improve with waste elimination Reduce the RISK of the wrong decision
- 3. Answer important business questions How strategy can be measured in your financial statement Communicate how volume impacts cost Know the cost of margin destruction Quantify how hungry your balance sheet is
- 4. 5 numbers integrated into a story Growth Profit Balance sheet Value Cash
- 5. All within a One Page Scorecard
- 6. Full What if – Measure how changes impact profit cash & returns 30 Second income statement balance sheet and cash budget fully automated Consolidate periods to project what the full year will look like
- 8. Monthly Health Test Quarterly Alignment Annual Discipline GFB Integrated Performance Management System Benchma rk Internal Perspecti ve Annual Budget Forecast Core competency alignment Accountab ility Performanc e milestones Expected year end 8
- 9. Frequently asked questions ? ? How easy is it to upload data into the CFO database? Incredibly easy. We have a simple way that integrates with Excel and once you have done it once CFO remembers your mapping for instant future integration Do I need an IT department to manage this tool? No. CFO is downloaded on your desktop within 60 seconds and instantly ready to use ? How current and how accurate is the benchmark data? CFO provides a fixed format driven by the association for benchmarking, thus ensuring consistency and accuracy. ? What is the training requirement and how is it delivered?. CFO users are up and running after the first 1 hour web training session. ? What does CFO run on? CFO is developed in Delphi and runs on all current windows operating systems ? How many CFO users are there? Over 300 different companies and over 150 CPA firms. ? How is the benchmarking integrated with our financial statements?. Done within the CFO One Page Scorecard ? ? Can we tailor the benchmarks for my industry and segment? Yes CFO provides for specialized benchmarking . For example you may part of an Electrical Distribution Association but you specialize in commercial large contract work CFO can provide a benchmark with other business that have the same specialization How secure is my data. CFO encrypts your data before it is submitted to the CFO benchmark portal. The benchmarks submitted to users are encrypted, translation is done inside CFO on your desktop . 9
- 10. What we do Deliver the GFB software with training Perform a business health test on your financial statements with GFB software and training Deliver the Financial Performance Management system