Any Data, Anywhere, Anytime
Acmen ltd is a business which deals in ceramic business functioning in 15 cities of US. It deals in clay, cement, glass, stoneware and porcelain. The company has a customer base of 70 and deals with 8 suppliers. This dashboard is designed to track and monitor different KPIs like debtor turnover ratio, average collection days , outstanding with age bracket, average risk of bad debts etc.
At a simple click on the visuals, management can get answers for various questions like what are the overdues and from which customer? What is the location of the customer, what is the average risk of bad debt? It will help to evaluate and improve collection efficiency with least efforts and building customer relationships.
On the AP side the business owner can track what the outstanding amount is and what are the deadlines to it.Keeping an eye on the deadlines will help the business to make prompt payments that reduces late penalties while promoting strong supplier relationships.
These are few analytics presented in dashboards , management can further drill down and pinpoint cash flow blockages and streamline efforts of collection and payable teams.