A company can be profitable on paper and then run out of cash at the wrong time. This is why financial management must remain close to the manager's daily life.
Follow few indicators, but really follow them
The most effective dashboards are not the most complex. They highlight the invoiced turnover, collections, future charges, margin and administrative deadlines.
Give rhythm to management
A monthly update makes it possible to identify late payments, anticipate VAT, measure commercial progress and quickly correct expenses that deviate from the budget.
The value of an indicator depends on its regularity. An imperfect figure but followed every month often helps more than an exhaustive table consulted too late.
Priority indicators
- Cash available and collections expected.
- Pending customer invoices and payment deadlines.
- Margin by activity or type of service.
- Fixed costs, salaries and recurring commitments.
A trustee can help transform accounting data into operational reading, so that the manager decides with more confidence.
