You know the reports you’re supposed to look at each day, each week, each month, each quarter, and each year. You review them in meetings. You ask your team to speak to the numbers, especially if they look a bit wonky.
It’s a matter of routine. As automatic as payroll. As automatic as Friday bagels.
But have you stopped to make sure that the numbers in your reports are accurate? If you’ve been using the same plug-in-and-spit-out strategy that you’ve had for ages, it’s time to re-evaluate.
The output quality is only as good as the input quality. You could have a problem without knowing it. It could be something glaring, like someone mis-categorizing a number a long time ago, or a typo in the report that has gone unnoticed. Or it could be something subtle, like a shift in the market that hasn’t been taken into account.
It’s great to review the reports. But if something is off, you’re wasting everyone’s time and blocking the potential of your business.
Make it a matter of routine to reevaluate and triple check the input numbers on a regular basis. Think you don’t have time? You can’t afford to get this wrong. The good news: It is easier than you think to get good help—and more affordable than you think. Give us a call.