Your Financial Scorecard with Odoo

Your financial information automatically updated and organised

Having a company's financial information visually organised is essential for any manager and their respective employees in the company's finance and accounting department. On many occasions, they do not have the necessary tools or simply not enough time to have all the information organised in order to be able to analyse and compare sales, expenses and income, among many other indicators.

From inDAWS, we want to help you to create and use a financial dashboard with Odoo, so that you have all the information collected and available to analyse and have a visual scheme of the KPI's that are most influential when making decisions for the company.

¿QUÉ ES UN CUADRO DE MANDO FINANCIERO?

A financial scorecard is a very useful tool for all businesses, as it allows us to automatically obtain information from our accounts and analyse our company at any time.

Each business is different, and for each one some indicators are more relevant than others. Therefore, our team will advise you and customise this financial dashboard in your Odoo database, so that you can control all the information directly and without having to search in different nooks and crannies.

This would be an example of the Dashboard that we would set up, where, in a more visual way, you will be able to have an analysis of your business.

Te ayudamos a tener unos informes más claros y optimizados de la contabilidad de tu empresa, para poder realizar a simple vista un análisis financiero. 

INDICADORES FINANCIEROS

Es importante saber qué ratios e indicadores son más importantes para tener un control real de tu negocio y sacar el máximo partido a este cuadro de mando. Esta opción, se puede diseñar y personalizar de la manera más provechosa y eficiente para cada cliente. 

It should be borne in mind that the most relevant accounting information about your business can be extracted mainly in three sections:

  • The results
  • The balance sheet
  • The cash position

Some useful and basicindicators to keep track of your company that can be included in the financial scorecard are:

Sales, expenses, cash, gross margin, ebit, net profit, profitability on sales, your company's most important customers, best-selling products, accounts payable and receivable, debt and liquidity ratios or working capital, among many other possibilities.

The indicators can be grouped by type of analysis, in order to have a clearer and more orderly view:

  • Work Background Analysis
  • Structure Analysis
  • Liquidity Analysis
  • Solvency Analysis
  • Debt Analysis
  • Profitability Analysis

The following images are an example of what your company's Financial Scorecardwould look like in Odoo, with the results of each account appearing on the right hand side of the table. 

Cuadro de mando financiero

All these indicators can be compared by periods of time and between them, according to the needs of the company and at the moment they are at.

CUSTOMISATION AND MONITORING

As each business is different, we seek to meet the needs of each one, personally, so that it is a benefit for the company and can facilitate the search and comparison of accounting information being as visual and useful as possible.

At inDAWS, we offer economic and financial consulting services to companies with professionals in the sector to improve their economic and financial management and organisation in Odoo.

Some of the services we offer to SMEs and other companies are:

-Accountingadvice from a professional in the sector, who will help you with all the processes you need to improve the management of your accounts and organisation.

- We provide our clients with a monthly closingchecklist, reminding them of all the steps to follow to close the month so that no figure escapes you.

-We automate the collection of information for subsequent analysis, so that you can have better control of your company's data.

- We transfer the financial scorecard to your Odoo Dashboards application , so you can analyse how your business is evolving more easily and at a glance. 

Thanks to this tool, we can obtain quality information together with a good organisation, maintenance and updating of all the company's financial data.
You can request your Odoo personalized demo for free, so you can try all the options and functionalities that our business management software offers you.

Why Odoo is the best ERP for SMBs
Odoo is a complete, open source ERP solution that offers highly functional features. It is highly cost effective for most small and medium business needs. Discover the key benefits.