(415) 246-0101

Microtechs Blog

3 Reports Every Business Should Run Consistently

3 Reports Every Business Should Run Consistently

The analysis of data is important for every business. Some data is more important than others, but ultimately, if you want your business to thrive you will want to know exactly how your business is doing so that you can make educated decisions that won’t waste your organization's time and money. Today, we will look at three reports that every business, no matter what size or what industry it operates in, should be running.

Employee Time Tracking
If your business is one of the millions of small businesses looking to stretch every dollar, payroll is likely your largest expense. The Internet has created thousands of businesses and has helped thousands more build stronger operations. The downside to it is evident too. There are more distractions on the Internet than anywhere else and every minute your employees are distracted online, you lose revenue.

By running employee productivity reports you can easily determine the specific periods of time they were unproductive, and go see what they were up to. This provides a tool that allows you to educate your workers on the importance of staying on task; or, if they are repeat offenders, gives you precedent to block the sites where they waste time, or make a necessary change if need be.

Revenue & Sales
Being able to sell your product or service is the most crucial position in your company. That’s why it’s important to review your sales and revenue figures often. Since your sales team likely has monthly goals to meet, you can see who is excelling and who needs a little help. This keeps the company growing, and cash flowing in.

Most accounting solutions or CRMs will give you the option to run reports that generate sales and revenue information. By doing this weekly, or bi-weekly, you can ensure that your sales team is on track, and gives you the information you need to make changes if need be.

Expense Reports
You can’t reliably know how your business is doing if you don’t track every penny that is spent by it. Since you are likely trying to keep costs down, or at least below the revenue you take in, expense reports can give you an overview of what you can cut, what you should be investing in, and how your money would be better spent.

Expenses correlate with growth, so don’t fret to see your output rising as long as you can quantify it with increased productivity. The expense reports gives you a chance to make realistic budget decisions and cut goals.

Your business has a lot of moving parts, but running reports will put you in an advantageous position when it’s time to assess the health of your company, and what steps to take next. The IT professionals at Microtechs can put you alongside some of the best business management software solutions on the market. Call us today at (415) 246-0101 to learn more.

Intro to Your Tech: Digital Twin
Are Smartphones Getting Any Smarter? Not Really.

Related Posts



No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Saturday, February 16 2019

Captcha Image

Mobile? Grab this Article!


Tag Cloud

Tip of the Week Security Best Practices Technology Business Computing Network Security Productivity User Tips Privacy Tech Term Smartphones Internet Efficiency Malware Cybersecurity Hardware Browser Passwords Microsoft Communication Mobile Device Google Cloud Data Android Innovation Email Wi-Fi Mobile Devices IT Support Software Network Small Business Collaboration Ransomware Communications Applications Users Data Backup Backup Wireless Holiday Internet of Things Business IT Services Windows 10 Data recovery Business Management Hosted Solutions Saving Money Managed IT services Blockchain Marketing Cloud Computing Workplace Tips Managed IT Services Employer-Employee Relationship Outsourced IT Information Hackers VoIp Networking Social Media Business Intelligence Smartphone Microsoft Office Mobility Excel Data Management Cost Management Router Computer Facebook Medical IT Data Security Data Breach Bandwidth Patch Management Tech Terms Computers Data Protection Remote Computing Gmail Cortana Save Money Managed Service BDR Automation Miscellaneous Managed IT Service Compliance Connectivity Password G Suite Artificial Intelligence Wireless Charging Analytics Apps Virtual Assistant Remote Monitoring and Management Phishing Virtualization Access Control Government VPN Dongle PowerPoint Server Microsoft Teams Authentication Server Management Millennials Internet Explorer Settings Error Vulnerabilities Unified Communications Law Enforcement Spyware Wireless Internet Staff Voice over IP Big Data Downloads Content Filtering WannaCry Cables Update Telecommute Database Business Technology Analysis Training Sports Company Culture Authorization Environment Edge Threat Knowledge Twitter RAM User Tip HP Help Desk SaaS Personal Information Backup and Disaster Recovery Trends HIPAA Voice over Internet Protocol Outlook Data loss Cybercrime Security Cameras How To Comparison Network Attached Storage Managing Stress e-waste Gadgets Websites Printing Battery IT budget Touchscreen Inventory Telecommuting Document Management Plug-In Business Continuity eCommerce Physical Security GDPR E-Commerce Hard Drives A.I. Hard Drive Profitability Spam Tactics Word Apple Specifications Lead Generation disposal User Security Safety Paper Microsoft Office 365 Mobile Security Paperless Office Proactive IT Upgrade Sales Online Shopping Laptop Storage Payment SSD Movies Chrome Tip of the week Processors Eliminating Downtime Virus Office 365 Wearables iPhone Conferencing Bring Your Own Device Machine Learning Value Certification Ink IT Management Operating System File Sharing Workers Digital Tablet Dark Web instant Messaging Vulnerability Amazon BYOD Antivirus Maintenance Telephony Reporting Healthcare Technology Tips Streaming Media Office Hybrid Cloud Troubleshooting Thank You Congratulations Cryptocurrency Quick Tips Disaster Recovery Alert Regulation Printers