Financial Insights

Smarter management accounting

Clear and concise monthly management accounts are an essential requirement for SME business owners. Without them, you’re effectively operating in the dark – which only increases the everyday pressures that you, and your team, are trying to deal with.

How do you prepare management accounts monthly or quarterly? Generating meaningful management reports and key performance indicators (KPIs) requires a specific skillset.

Asking your accountant or local bookkeeper for management accounting services is like asking a plumber to sort out your electrics for you – accountants just don’t have the training or the relevant commercial experience to provide good business information.

An experienced SME financial controller, however, has spent their working life providing advice and explanations, and digging into data as management accountants do. And getting your hands on the insights you need from one month to the next to improve performance is a key step in setting your business up for sustainable future success.

5 fundamental benefits of meaningful management accounting services

1

Gain peace of mind with complete visibility over your costs, tax liabilities and your profit loss situation, and make informed decisions accordingly.

2

Keep on track today for profit tomorrow, with measurable KPIs and targets.

3

Gain clear understanding with a conImprove team accountability by easily comparing business performance trends over time and even specific clients.cise, realistic picture of ongoing business performance.

4

Improve team accountability by easily comparing business performance trends over time and even specific clients.

5

Better decision-making, supported by financial insights that help you work smarter, improve profit and fuel your growth.

“YRH really got under the skin of our business and helped us to see where we’re really making money (and not!). They provided us with relevant and understandable management information, helping us build a business which has delivered mind blowing growth year on year for the last 3 years.”

Founder, Media agency

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Know your numbers to grow your business

Download the report to find out how meaningful management information can help you optimise your profits and cashflow from what you already have.

Exploring:

  • What is management information and why do you need it?
  • How to access and harness the information you need
  • How to develop a scalable finance function to enable business growth
  • Case studies: the impact of management information on three SME businesses
  • Common myths and misconceptions about the finance function
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Learn more about how meaningful management accounting services and KPIs can help your business:

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Learn more about how meaningful management accounting services and KPIs can help your business:

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