manage the business by the numbers

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Manage the business by the numbers Global Financial Bridge www.gfbridge.com [email protected]

Post on 21-Oct-2014

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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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Page 1: Manage the business by the numbers

Manage the business by the numbers

Global Financial Bridgewww.gfbridge.com

[email protected]

Page 2: Manage the business by the numbers

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

Page 3: Manage the business by the numbers

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

Page 4: Manage the business by the numbers

5 numbers integrated into a story

Growth Balance

sheetProfit

Cash

Value

Page 5: Manage the business by the numbers

All within a One Page Scorecard

Page 6: Manage the business by the numbers

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

Page 7: Manage the business by the numbers

Crete a performance management

discipline

Page 8: Manage the business by the numbers

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Annu

al D

isci

plin

e

Internal Perspective

Benchmark Annual

Budget

Accountability

Performance milestones

Qua

rter

ly A

lignm

ent

Mon

thly

Hea

lth T

est

Core competency alignment

Forecast Expected year end

GFB Integrated Performance Management System

Page 9: Manage the business by the numbers

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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 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

?What is the training requirement and how is it delivered?. CFO users are up and running after the first 1 hour web training session.

?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 .

Page 10: Manage the business by the numbers

What we doDeliver 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