Data analytics
Are you getting the most out of your accounting software? Let us help you find out. And if you’re not, we can help with that too.
By providing us access to your cloud-based software, we will analyse how you are currently using it, and look for things like duplicated transactions, multi-coded contacts or overpayments to help to identify inefficiencies and bad data. We offer this support in 3 different ways:
Data Review
A review of transactions to highlight possible errors or inconsistencies in data input*
- Identify potential issues in several common areas (duplicated contacts/multi-coded contacts/contact defaults/duplicated transactions/overpayments/transactions without attachments)
- Highlight any ‘red flag’ areas for you to review
*Note: You must be on Xero to benefit from a data review
Digital Health Check
An overview of systems use and advice on areas of weakness, with general solutions provided
- Identify potential issues in several common areas (duplicated contacts/multi-coded contacts/contact defaults/duplicated transactions/overpayments/transactions without attachments)
- Up to 25 data issues corrected (+ all relevant contact defaults)
- Review of Xero bank feeds for completeness
- Review of any bolt-on apps being used and assessment of their basic effectiveness
- Review any ‘red flag’ areas of weakness, and highlight possible solutions
- Offer general advice on areas where processes can be improved
- Identify potential training needs
Finance Function Review
A critical analysis of your finance function and advice on areas of improvement
- Identify potential issues in several common areas (duplicated contacts/multi-coded contacts/contact defaults/duplicated transactions/overpayments/transactions without attachments)
- Up to 50 data issues corrected (+ all relevant contact defaults)
- Review of Xero bank feeds for completeness
- Review of any bolt-on apps being used and assessment of their basic effectiveness
- Review any ‘red flag’ areas of weakness, and highlight possible solutions
- Meeting (in-person or Zoom) to conduct finance function review to highlight areas that might benefit from automation, including specific app recommendations
- Build a bespoke report in Xero based on business requirement
- Provide an overview of business performance
- Report of key financial KPI’s to give better business oversight
- One hour of training based on needs identified
What’s next?
What’s next is up to you. We can discuss your options and give you a step-by-step plan of what action needs to be taken, or we can take it off your hands and do it for you: from correcting transactions to creating KPIs.
Contact our team today to arrange a digital healthcheck.
Your cloud team
Ryan Alderson
“The Harold Sharp team has a unique ability to integrate technology with providing commercial insight, which has helped us to make informed decisions at speed in a rapidly changing FMCG market in the UK and internationally.”
Richard Clark, Managing Director – Drynks Unlimited
Contact us
Find out more about how Harold Sharp works, and how we can help you.