MONITORING & ALERT SYSTEM

Monitoring System

Accounting Data is critical for informed and effective decision making, but it is the most under-utilized data among small business.  The data is mostly controlled by the bookkeeper, and there is a false reliance on the accountant to interpret the financial data.  According to D&B studies, inefficient decision making accounts for over 90% of small business failure and underperformance.

Advisory Team

Advisory Team

Monitoring is the next generation of advisory services. It’s a combination of accountant, financial analyst, and industry consultant monitoring your business’s data 24/7. The monitoring system tracks anomalies in the system comparing a businesses set of data against the entire data warehouse.  These anomalies are flagged and reported.  The ability to analyze “Big Data” over a spectrum of similar businesses gives context and insight to your business's financials.  It brings accountability and oversight to the business's operations, and most importantly; gives the stakeholder piece of mind.

Alert System

Liquor Cost Performance Zone

Alarms require immediate action—waking up in the morning to fleeing a burning building.  Alarms would be very useful in business if they could be tied to key performance indicators. Here is an alarm that effects all businesses, but is not being heard; the Association of Certified Fraud Examiners reports that financial statement fraud causes the most financial damage to a business at an average loss of $1 million.

Alert System is the next generation of taking the measures that drive your business and making them actionable.  It is possible to set thresholds for any measure from the red to green zone.  The Alert System can be used to announce goals that are met, or when someone is underperforming.  Alerts can be created based on anomalies that effect the business, but would go unnoticed.  The bottom line, the Alert System dictates immediate action when needed putting the business in a proactive position.

Prime Cost % Sales Performance Zone

Free initial review and assessment of your financials with 6 month membership!