TKC's Monthly Financial Reporting Service Hits 10,000 Users
In just six months since its launch on November 20 last year, TKC Corporation, based in Utsunomiya City, Tochigi Prefecture, has successfully attracted over 10,000 companies to its monthly financial reporting service. This innovative solution is designed to provide timely financial insights to small and medium-sized enterprises (SMEs) right after their accountants conduct audits.
The Benefits of Monthly Financial Reporting
The service sends critical performance updates straight to the respective CEOs and lead accountants of SMEs through email. By utilizing this service, business leaders can promptly assess key performance indicators like contribution margin and equity ratio immediately following their monthly financial close. This enables them to make informed decisions rapidly, ultimately leading to performance enhancements.
Voices from Business Owners
Feedback from SMEs utilizing the monthly financial reporting service has been overwhelmingly positive. Here are a few comments from business leaders:
1.
User-Friendly Access: "I appreciate being able to view timely financial metrics on my smartphone without any hassle after the monthly reports."
2.
Concise Information: "The information presented is compact and easy to read, making it much more accessible."
3.
Educational Tool: "Being able to visualize the trend in our equity ratio through graphs is beneficial. I am using this service as a ‘textbook’ to train my successor."
Key Features of the Monthly Financial Reporting Service
The service covers five main areas:
1.
Variable Profit and Loss Statement: Users can compare budgeted versus actual figures as well as previous period data.
2.
Breakdown of Net Sales: A detailed breakdown of the categories contributing to net sales is provided.
3.
Insights from the Variable Profit and Loss Statement: Automatic comments derived from data points like