Approach

Here’s How It Works

1. It’s simple. Send us your financial statements. We review them and advise you on changes we recommend for your Chart of Accounts and/or accounting procedures.
2. Then we help you create an annual profit plan for your company and identify your specific financial goals and objectives for the next year. You can review the process online as we work with you via phone. You also receive the printed budget, including monthly targets, as well as online access to your budget to adjust and monitor actual results and deviations for an entire year.
3. We help you set up your online financial reporting, which lets you securely submit your financial statements each month.
4. Then we generate a Management Link report based on what we see in your financial statements. It clearly identifies your gross margins, key expense ratios, inventory levels, Collect-able™ Efficiency, and other critical measurements by company, department, and each activity area.
5. Our staff flags your report with specific instructions and comments, including:
   • Red Flags: STOP! Areas requiring immediate attention because you fall significantly short of projections or deviate substantially from industry benchmarks
   • Yellow Flags: CAUTION; areas you need to manage before they slip into the red zone
   • Green Flags: GO! Outstanding numbers, places where you’re out-performing your projections and/or others in the industry
6. You receive your Management Link report, along with a summary of our findings each month, via mail or secure email delivery.
7. We hold a monthly conference call to review your results, measure them against your plan and previous months’ progress, and plan for the next month. We invite you to bring multiple employees into this process, if you choose.
8. Once you’ve benefited from a few years of the Management Link program, you receive multi-year comparisons to help track longer-term progress.

You Will Receive

• Accounting processes consulting

• Chart of Account Builder: Industry-specific chart of accounts recommendations for your system

• Budget Builder: Annual profit plan printout, including monthly targets

• Profit Planner Express for one year

• Expert analysis of your actual financial results in a monthly flagged report

• Monthly review and conference call

• Monthly action plan in writing, with follow-up

• Industry benchmarking and comparison

• Year-to-year comparisons and trends

• Support via email or phone