Xero will shortly be releasing Xero Performance Dashboards giving business owners a further tool to assist improve their business. The performance dashboard highlights key business ratios and how these change overtime. This will give businesses a fantastic opportunity to set goals which can be focused on and give structure to the direction of the business.
What is the Business Performance Dashboard?
Xero already has an “at a glance Dashboard” which shows some key business information, such as the current bank balance, the income and expenditure for the month and money owed and due from customers and to suppliers.
The Business Performance Dashboard adds to this and provides a view of a business’s performance across a wide range of Key Performance Ratios. These will help to identify important trends that when focused on will improve any business.
How can the Business Performance Dashboard help your business?
Focusing on the key business ratios on a weekly or monthly basis will give direction to a businesses development. Whether that be growing sales, improving the businesses credit control procedures or managing supplier payments. Having oversight of Key Business Ratios will enable the business to set goals and easily view whether these are achieved.
SeavorChartered will work with businesses to set realistic goals and form strategies on how these can be achieved.
SeavorChartered and Xero offer businesses the opportunity to take control of their finances. Xero enables us to advise a business real time rather than on historic results. This enables us to offer more relevant timely advice.
If you would like to discuss how SeavorChartered and Xero can benefit your business please get in touch.
