Management Reporting & Action Plans

At Bonitas, we understand the organisations we serve require accounting support and guidance. Although meeting with your accountant once a year is a great opportunity to take stock, it isn’t

enough to get the most from your numbers. Management reporting and action plans provide in-depth financial reviews, so you are better able to understand the numbers and refer to up-to-date financials that allow you to make informed decisions. Our team specialises in creating easy-to-use, customised one-page snapshots that allow you to keep a close eye on the key drivers of your business.

Our management reporting features our unique Key Performance Indicators (KPI) scorecard and action plan, a powerful management report designed to help you:

Whether you are an ASX listed corporate, a micro-business, small and medium sized enterprise (SME), not-for-profit organisation or registered charity, all organisations should be measuring both financial and non-financial KPIs to track their performance. KPIs measure and compare goals against actuals either based on your overall operations for smaller to medium-sized organisations, or by department for larger organisations.

They look at both the financial aspects such as your accounts receivable and payable, payroll, cash flow and credit use, as well as operational aspects such as project completion, labour, equipment use and scheduling. Using our KPI scorecard you easily keep track of the performance most important to your particular business and goals.

In a nutshell, KPIs highlight everything happening with your business. Our KPI scorecard gives you all your KPIs at once so you are watching your business results and events in real-time, while also always knowing how money flows in and out of your business. As a result, you are proactively making changes to correct potential issues using up-to-date management reporting.

You can track:

● Financial information

● Look at post-mortems using financial analysis

● Study employee measures to improve productivity and efficiencies

● Look at critical operational measures to keep track of credit spends to reduce credit use or leverage credit towards growth investments.

KPIs are the most important tool to help you succeed. We base your KPI scorecard on your goals so you can measure the most important metrics to meet those goals.

Bonitas management reporting and action plans allow you to easily set and prioritise regular goals so you can strategically use your day-to-day operations to help you achieve your long-term goals. It simplifies the process and allows you to set priorities in manageable bite-sized pieces. Instead of flying blind, you are constantly aware of what needs to get done and when, so you schedule a time to avoid getting caught up in untargeted day-to-day operations and tasks

that can make it impossible to meet your growth strategies.

Start With A Complementary Consultation

“For the past year, Bonitas Partners has been working with the Duldig Studio Museum and Sculpture Garden to ensure the organisation’s management accounts and statutory audit is completed in a timely and informative manner.

They have also assisted with all tax compliance lodgements and most recently, was very proactive to ensure the organisation was optimally positioned to benefit from Commonwealth, State and Local Government relief packages related to COVID-19.

Throughout this period, Jane has been extremely well organised, knowledgeable in her areas of expertise and has provided great assistance to the Studio Director, Treasurer and Board of Management."

Antony de Jong

President, Board of Management, The Duldig Gallery Inc trading as the Duldig Studio Museum and Sculpture Garden