Author: admin
Inability to Use Financial Management to Maintain the Focus on Service to Constituencies Today and in the Future
Managing future commitments it is too difficult. You forecast anticipated expenses today. Your forecasts tend to be accurate. You report mechanisms to highlight future commitments. You have a special commitment budget. You have to commit to spending above…
Read More »Unable to Use Financial Management to Fulfill the Organizational Mission Productively
Grants and funding sources don’t have optimal value and leverage. You do not assess grant performance well. You do not know what steps you can take to improve grant performance. Reporting tools for grant performance are not available…
Read More »Cost Managing Field Operations
It is challenging to schedule the appropriate technician. It requires the service manager or dispatcher to know the skill level and experience of each technician. Uncertain to determine the best person. The wrong person has been sent out….
Read More »Inability to Direct Financial Management to Support the Focus on Service to Membership & Community
Managing future commitments is too difficult. The way you forecast anticipated expenses today is difficult. Your forecasts tend to include inaccuracies. The reporting mechanism you have to highlight future commitments does not work well. You do not have…
Read More »Declining Market Share
It is difficult to access and research customer demographics for developing promotions and campaigns, and your approach to determining which promotions or campaigns to put together is complex and often ineffective. On average, you spend a lot on…
Read More »Increasing Bad Debt
You are not able to follow up on collection issues in a timely manner or not following up at all. You are incurring increasing bad debt. Receivables are too high. You are missing deadlines and follow-ups. Uncertain when…
Read More »High Inventory Costs
You manually track orders and may use a program such as Excel. It is difficult to deal with the issue of items being out of stock. You need to wait until the stock is replenished and manually enter…
Read More »Billing Process Inefficient
You manually create invoices, and this takes too much time. It delays billing and is an error-prone process. The process used to correct them is inefficient and delays payment by too long. Your customers require a different level…
Read More »Difficulty Maintaining Reporting Models and Accurate Data from GL
After your data has been entered in your GL, you need to manually map your GL structure to the one used in the Corporate reporting model. This takes too much time and there are errors. Once mapping is…
Read More »Difficulty Generating Financial Reports
You are not able to see financial data from prior years, or the way you do so is inefficient. Files are not archived, and if they are this takes too long. There are negative consequences if you cannot…
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