Are you making the most out of your existing financial data?
The ability to analyze your business financial data and make informed decisions is critical for success. However, gathering the necessary financial data for further analysis is still a time-consuming process for small businesses and their accountants.
In today’s digital age, many SMEs in Singapore are employing financial reporting tools to quickly extract data from their accounting software and generate reports from them. These reports can then be shared with the various stakeholders within the company to make acute business decisions.
K-Reporting is an interactive and collaborative financial reporting tool that businesses can use to easily analyze their financial data. Integrated with Xero, K-Reporting transforms your accounting data directly into financial reports and provides detailed insights into your business’s financial position.
The reports provide you with:
- Graphs – Dashboards with interactive graphs that help you understand your data visually
- Analytics – Analyze and discover insights to boost your company’s performance
- Forecasting – Keep track of your cash flow and build forecasts from driver-based financial statements
- Consolidations – Consolidate multiple entities with multiple currencies without any hassle
An useful benefit for SMEs
A highly sought-after feature of K-Reporting is to have certain reports be auto-populated on a daily or weekly basis. This scheduled report function saves time for the business while converting complex Xero data into actionable insights that businesses can implement.