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Profit Tracking & Monitoring Services
Profit Tracking is the process of monitoring your business financial performance.
How often should you be tracking your profits of the business. We suggest that every business should be keeping their eye on the ball every week and not wait until the end of the month or BAS quarter.
Can you measure the profitability of each trading period accurately and with confidence? Evaluating key indicators on a weekly basis, provides a level of certainty by ensuring that business units are running at optimal performance levels in terms of sales and cost control.
To help Managers and Business Owners better understand, and monitor these critical performance indicators, Profit Right provides a tailored KPI monitoring service. Its called Biz Trac Monitor, it is a cloud based system that keeps track of your weekly sales and profit margins on a regular basis with a monday morning report sent straight to your inbox.
Don't wait until the end of the month or BAS quarter its too late then?
Timely Financial Information Improves Performance
Timely financial information and analysis is essential for making informed decisions, evaluating your company’s results, improving what people say about your company and products you can greatly improve the service you provide
You need to track your financial performance to ensure you are on the path to meet your strategic goals. Harnessing your financial data and aligning it with your company goals is easier than you think but often it is not given the priority and focus it deserves.
In many cases, we find companies have the necessary information, but the delivery is all-too-slow, with the relevant data hitting the decision-makers’ desks two to three months after it was truly needed.
It’s a lost opportunity, and those companies are not optimising a key resource – financial information that offers valuable insight into customer behaviour, operating performance and resource allocation.
There are a few steps we recommend in order to grab hold of the right data, turn it into insightful analysis and information and get it to the management table in a timely manner.
Our Unique Biz-Trac Monitor will help you keep on track with your business performance.
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