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How Measurement & Evaluation Lead to Informed Business Decisions

KCS SA - Blog - 4 reasons why SME's need erp strategy

When it comes to making informed business decisions, measurement and evaluation can make significant differences to your business. In fact, when it comes to making business decisions, accurate measurement and evaluation should be at the top of any business’ priority list as it can help improve on the various requirements of wholesalers, distributors, merchants and retailers.

Kerridge Commercial Systems boasts various business solutions that can assist in the development of an ERP strategy and, in turn, provide businesses with a high-quality ERP solution, enabling business decision makers with total control and allows for complete visibility over their business. We’ve built this software to support the way you view and run your business. For this purpose we created K8 Business Intelligence. Here’s how you can use this tool to optimally measure and evaluate your business:

The Key Performance Indicator reporting tools are designed to present performance against objectives for any branch or trading area, at any financial level, from the broadest sweep to the finest detail. You define access permissions to the Director, Finance and Manager Dashboards, which provide different levels of information to your staff, on the basis of what they need to know to make decisions.

So, whether it’s a board-level review of operations across the organisation, an accountant’s view of actual versus budget figures, or a manager’s update on sales, stock levels or supplier positions, the picture is clear. Whatever the individual user’s preference, you can switch formats between tables, reports or smart graphical interpretations.

There’s no better way to ensure that your facts are accurate and up-to-the minute. Before you evaluate the situation, consider the options and commit resources to action, so you know you are making intelligent decisions, based on sound business intelligence.

Manager Dashboard

Designed and structured to suit managers across the business, the Manager Dashboard is perfect for department, branch, area or regional managers, tailored according to their specific requirements and permissions. The presentations enable a view of performances and comparisons, for fast and effective decision-making around sales, stock levels and supplier positions.

BI Manager Dashboard

  • Sales and margins versus target, in total and for each product grouping.
  • Customer credits issued as a percentage of sales.
  • Stock on hand expressed as a percentage of maximum stock.
  • Non-stock items in stock, expressed as a percentage of overall stock.
  • Stock turnover and predicted weeks cover.
  • Finance Dashboard.
  • Senior finance managers are offered high levels of control, data access and analytical capability. The Company Performance view presents at-a-glance comparisons of actual versus budget in areas such as sales, margin and cash flow. In the Debtors view, clear information about the accounts receivable position is presented, including cash collected and credit notes issued.

BI Finance Dashboard

  • Receivables by period
  • Overdue debt and the value of debt attributable to customers on stop
  • Total of invoices under query
  • Payables by period and overdue
  • Sales and margins versus target
  • Director Dashboard
  • Directors and senior managers are presented with a holistic view of the business across    multiple departments, and can drill down to the required level of detail. This dashboard provides top-level overview of operations and is easily switched to display sales, margin data, refund/credit information and warehouse stock positions.

 

BI Director Dashboard

 

  • Sales and Margins versus targets
  • Outstanding orderbook position
  • Value of invoices awaiting margin review
  • Value of outstanding picks
  • Stock valuation and non-stock items 'in stock'


Whatever your aims are for the year ahead, Kerridge Commercial Systems' ERP software helps drive efficiencies, streamline processes and ultimately enables you to get more from your business. For more information, contact us HERE

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