Departments - Finance

Finance is the health meter of your business. It reflects the health of your business with respect to the current performance, areas of concerns, future directions/actions and opportunities. The ability to consolidate results, analyze and report what's happened, and conceptualize on what will happen is critical to the organization.

Finance needs powerful tools that enable to consolidate different data, analyze it, identify performance trends and to arrive at short term/long term goals. These tools should let Finance to:

• Consolidate financial data and report performance
• Identify areas which are doing well against areas of concerns
• Help in setting up short-term and long-term performance targets
• Enable forecasting business trends and results
• Influence company's decision making with factual data for better performance

Zoho Reports with its on-demand & collaborative business intelligence capabilities can address the needs of any Finance department. You can consolidate different financial data into Zoho Reports by uploading or pushing the same from your existing financial applications or spreadsheets. You could also directly enter data into Zoho Reports through its easy-to-adopt 'Spreadsheet-like' interface. Once the data is consolidated/collected, it enables to easily analyze the business information and derive the necessary reports for analysis and decision making.

The collaborative features of Zoho Reports, also enables one or more members in the Finance team to collaboratively analyze the data and come up with the required business insights.

With Zoho Reports you can do:

• Revenue Analytics: Analyze the different facets of revenue for more insights like:
  • Actual sales vs Targets
  • Net Sales vs Profit
  • Operating Cost
  • Gross Profit
  • Sales Variance Analysis: Analyze reason for sales variance (positive or negative). Was it because of price increase, greater volume, cross sell etc.,
  • Profit Variance Analysis: Analyze reason for profit variance. Was it because of higher/lower cost of input, change in marketing cost, reduction in spending etc.,
  • Analyze all these across Data Ranges (Yearly, Quarterly...), Departments, Product Line, Regions etc.,
• Operational Cost Analytics: Analyze the different component of Operational costs involved like:
  • Actual Cost vs Targets
  • Production Cost vs Sales
  • Cost for Labor, Marketing, Logistics, Material, Production, Distribution etc.,
  • Cost per Employee
  • Sales per Employee
  • Analyze all these across Data Ranges (Yearly, Quarterly...), Departments, Product Line, Regions etc.,
• Cash Flow Analytics: Analyze the actualization of receivables and payments for better performance
  • Average Actual Receivables time line (Aging)
  • On time vs Late payments vs Defaulter analysis
  • Distribution of payment terms: Net15, Net30 etc., Also Cash vs Credit
  • Actual Receivables vs Sales Ratio
  • Discount Analysis: Original Sales vs Actuals vs Discount
  • Receivables Cancellation analysis
  • Average Payables timeline
  • Net Cash Flow
  • Analyze all these across Data Ranges (Yearly, Quarterly...), Departments, Product Line, Regions, Customers etc.,
• Debt vs Assets Analysis: Analyze your Debts, Assets and Market Value
  • Debt to Equity Ratio
  • Interest on Debts
  • Capital Employed and Returns
  • Market Value
• Historical Analytics: Historically analyze all the financial data comparing past and current performance. Also arrive at forecast based on it.
• And do much more..

Zoho Reports with its powerful & easy to use visual analysis capabilities, combined with collaborative features, helps you & your team to easily come up with any type of report/analysis independently, with no help from your IT guy.

If you would like more information on how Zoho Reports could help you in your Financial Analytics requirements, please contact us at support at zohoreports dot com