One of our clients who is in the property management industry was focused on running the business and was struggling with the standard accounting reports which they were provided with.
They quickly fell out of touch with the financial status of the business, and was frustrated with the weekly creditor report, which indicates which payments are due from the company, as they presented the data in a way that didn’t make sense to her.
Funancial sat down with the client and went through the various reporting options and customised a special report for the client that made the most sense and offered value to the customer. This report, together with daily bank reconciliations done by the staff, lets the client receive up to date, individualised reports per property, which help them make informed financial business decisions. This empowers the business to understand their financial position and make decisions about the running of the business.
