Does your bookkeeper give you a huge report dumped from your accounting software for your monthly recap?
(It’s like a data vomit.)
When you ask a question about this month’s financial performance, do you receive a shrug of shoulders, an “I don’t know,” or a blank stare?
This is where simplification comes in.
We have so much data, but we don’t know what to do with it, how to use it, or what it means.
If we have a bunch of meaningless data vomit in our hands, what are we supposed to do with it?
That data doesn’t tell us anything. It doesn’t tell us the story of what happened in the business that month. We don’t have any way to translate that data dump into the financial and operational performance — there’s seemingly no connection between the two. And that can be really frustrating.
We need to simplify that data so we can amplify the story of what actually happened in our business during the month.
Click here to discover 5 critical things to do when it comes to your numbers.