Business Consulting

The most admired 80%-20% rule says that 80% of business comes from 20% of customers, but do you know who are those customers falling in to 20% category? Similarly, when applied to product based ROI; Do you know which products gets you the maximum profit? OR which geographical region gets you the Maximum sales?

Our profitability consulting will create a product / customer profitability (activity-based costing model) using Excel, which will show you where you should be concentrating your efforts.

For an instance, your business may want to be able to report sales and profit by geographical region, channel, market, or any other criteria. We will provide you with the Region-wise profitability,
Channel-wise profitability, Market wise profitability and customer-wise profitability with highlighting on the important factors that requires your attention.

Budgeting is not just a tool of financial management; it is the most important element of the whole management system of enterprise. Budgeting constitutes the technology of planning, calculation, control, and analysis of financial, informational and financial flows as well as derivable results. Budgeting covers all functional spheres of the enterprise activity: marketing, administration, HRM, manufacturing, procurements, quality control, researching, and selling.

•   creating the effective system of financial management;
•   transforming a company into financially transparent one, and, as a result , to increase its       investment attractiveness;
•   optimizing profits and expenses for the whole company as well as for its separate structures;
•   obtaining consolidated accountability;
•   Translate business concepts into logically structured models and formats
•   creating and estimating current position and economic efficiency quotients of the whole company       as well as its separate businesses;

Excelgoodies consultants will understand your current budgeting process, create a simple budget Excel spreadsheet for your business, or something more integrated with your current financial systems. The budget can be a simple one page report, or if necessary it will be a multi-dimensional model which is based on multiple drivers customised to your business, e.g. headcount or number of units sold. These can be sent out to various departments or locations and then collated centrally.

Once the budget is in place, next process is to track the variance i.e Comparison of budget with the actual income and expenses.

Our dynamic, low-maintenance and user-friendly report will automatically update you with the actual figures.