Dynamic Advisory Solutions is proud to introduce our new web-based dashboard application. For our clients with the online Quickbooks Essentials, or online Quickbooks Plus, we now offer automated financial updates. Emailed daily, weekly, or monthly, this enables our clients to view their most current business’s balance sheets anytime! For those without online versions, available Quickbooks plug-ins, such as Activebooks, can be enabled, with which we can offer the same convenience. Contact us today for more information!
You can view a sample of the DAS Dashboard by clicking here.
Contact us today for more information!
We run a completely open book company and share everything with everyone in the company, except for individual salaries. Our controller has finance/projection classes that employees cycle through about twice per year. The management team has more involvement and we spend more time on financials, but I share company financial info (summary) at our monthly meeting to ensure that everyone is informed about how the company is doing, good or bad.
Let me know if you’re looking for any other specific experience shares.Posted by Scott Skinger
Agree with Scott – we have an open book so everyone knows, and understands, what’s going on (especially when things are tough and we have to make calls to cut). Training was critical for us. When we first started, half my team thought GP was NP. We had a break away group within the team, who spent most of their time discussing how much money I was making (and what little share they were getting). We never could get them to understand and they ultimately left. One of my key teachings was around explaining expenses (though we don’t go into wage of course). My team never could understand how it could cost so much to run a company and thought I was just fudging the figures. Without education – its just data.Posted by Shane Ridley