Get A Brief Glimpse Of the Company’s Financials With the Financial Dashboard Of CISERP

 

CISERP is a dynamic ERP software equipped with the most resourceful integrations and tools to accomplish complex tasks and operations for the business. All these complex modules and integrations are designed to help managers make better decisions and manage business operations. 

 

Over time these integrations developed into a set of advanced automated systems that creates a synchronized central system that runs the whole business operations. CISERP being an analytical ERP software that has advanced modules for all heads of the business creates a dashboard that gives a glimpse of the financials of the company. 

 

In this article, we will discuss the features of CISERP’s Financial Dashboard, what it shows, and how it helps businesses in better decision making. 

 

Features Of Financial Dashboard Of CISERP:

 

The financial dashboard featured all the crucial financial factors a business manager needs to know to make better decisions. Most importantly, the financial dashboard of CISERP asks for four different time frames that include Weekly, Monthly, Quarterly, and Yearly data. Moreover, users can also choose a custom time frame on their dashboard. 

 

Following are some features of the financial dashboard of CISERP.

 

• Brief Financials 

• Complete Overview Of Company’s Performance 

• Day To Day Monitoring Of Business Data

 

Brief Financials: 

 

The financial dashboard shares a brief financial record of the company in a glimpse. The user can go through the profit and loss statement, balance sheet, expenses, and revenue data with just a scroll. These brief financials will help in understanding the effect of every decision or operation on the company’s financials. 

 

Complete Overview Of Company’s Performance:

 

The brief financials on the financial dashboard of CISERP gives a complete overview of the company’s performance. The user can go through every important financial record in the business through this dashboard. Whether it’s profitability, assets, revenue, or expenses, the financial dashboard carries all the necessary pieces of information. 

 

 

Day To Day Monitoring Of Business Data:

 

All the financial records that a user can overview on the financial dashboard of CISERP can be monitored on a day-to-day basis. The user can visit all this information daily and go through the changes in the company’s financials daily. 

 

The customized time frame adjustment helps users get the data of its desired time frame to get an insightful view of financials for a particular event or change. 

 

Financial Data On Financial Dashboard Of CISERP:

 

We have discussed the features of the financial dashboard and how it helps businesses to keep an eye on their financials. In this part of the article, we will discuss what exactly a user can see on their financial dashboard. 

 

Following are some basic financial indicators and reports that a user of the CISERP can view from their financial dashboard. 

 

• Profit & Loss Statement

• Revenues

• Expenses

• Cost Of Sales & Services

• Administrative & Selling Expenses

• Other Operating Income 

• Other Operating Expenses

• Financial Charges

• Non-Current Assets 

• Current Assets

• Non-Current Liabilities

• Current Liabilities

• Share Capital

• Share Premium 

 

Profit & Loss Statement:

 

A profit and loss statement is one of the most used financial reports used to see the financial performance of a business. It shows the profitability of a business with several other indicators that help in a better understanding of the costs, profit margins, operating costs, taxes, and other basic financial indicators. 

 

The financial dashboard in CISERP generates the profit and loss statement from the data received by the input sources. All these financial reports are generated in real-time to get a first-hand report on the profit and loss status of the company.

 

Revenues:

 

Revenues are the major sources of funds inflow in the business and they are an important financial indicator. CISERP records all the revenue inflow to the business and shows all the revenues in this section. 

 

The revenue section in the financial dashboard of CISERP gives users a simple glimpse of revenue. If the manager has to quote revenues of the business to anyone he can simply have it from the dashboard with just a scroll.

 

Expenses:

 

The expenses section shows the expense information of the business. When the user visits the expense section of the financial dashboard of CISERP he gets a view of its expense trends. Users can see the increasing or decreasing trend of the company’s expenses. 

 

For a finance manager keeping an eye on the company’s expenses is a must. The dashboard helps in providing real-time information about the company’s expenses. 

 

Cost Of Sales & Services:

 

The expenses section shows the aggregate expenses of the company. On the other hand, the cost of sales and services section only shows the cost that occurred on the production of products or providing the services. It can also be referred to as the cost of goods sold or services sold. 

 

This section helps in monitoring the production cost of every product. It keeps following the costing and keeps financial managers aware of the fact that either cost is increasing or decreasing. Moreover, this section keeps a strong follow-up on any new policy implied in the business and its effect on the cost.

 

Administrative & Selling Expenses:

 

Other than the production cost or cost of goods or services sold the financial dashboard also has a section dedicated to administrative and selling expenses. This section keeps all the data regarding the administrative expense and customer acquisition costs also known as selling expenses that include marketing and other such expenses.  

 

The financial dashboard of CISERP has a section that shows these details and helps in monitoring administrative and selling expenses. 

 

Other Operating Income:

 

Every business does not have a single income source. They have other operating income sources that contribute to the revenue and income of the company. Each income is represented in the other operating income section of the company’s financials.

 

In the financial dashboard of CISERP, they have a dedicated other operating income section that shows all the operating income sources of the business. It shows all the trends in the income streams and helps managers monitor the income. 

 

Other Operating Expenses:

 

Like other operating income CISERP also has another operating expense section that shows all the operating expenses that occurred other than the operating expenses that fall under the operating expenses. 

With a dedicated section for this financial indicator, financial managers keep an eye on the operational expenses of the business. This section gives a glimpse of other operating expenses trends. 

 

Financial Charges:

 

Financial charges include interest payments and other such payments made to financial institutions whether in terms of services or interest payments. The financial charge is an important financial indicator that helps in the financial analysis of companies with high financial leverage. 

 

Keep an eye on the financial charges of businesses using the financial dashboard of CISERP.  

 

Non-Current Assets:

 

Previously, we have discussed the financial indicator from the financial statement section of the dashboard. Other than these CISERP also has various balance sheet indicators. One of these indicators includes non-current assets. 

 

Non-current asset section of the CISERP financial dashboard gives a brief glimpse of the company’s non-current assets. The non-current assets refer to the assets that are neither in liquid form nor can easily liquidate. 

 

Non-current assets are also known as fixed assets. They include plants, equipment, land, and other such fixed assets businesses own. The section shows the valuation of non-current assets. 

 

Current Assets:

 

Like non-current assets, CISERP financial dashboard also has a dedicated section for current assets. Current assets are those assets that are either in liquid form or highly liquid. It includes cash, marketable securities, and bonds. 

 

The current assets section in the financial dashboard shows the valuation of the current asset of the business. The current asset section helps in monitoring the current assets of the business, especially cash. 

 

Non-Current Liabilities:

 

Like assets, the financial dashboard of CISERP has two liabilities sections. The first one is non-current liabilities. Noncurrent liabilities are liabilities that are not due under a year, they are long-term liabilities that are payable after a long time. 

 

The Non-current liabilities section on the dashboard gives a glimpse of the company’s non-current liabilities. It helps financial officers track their long-term liabilities. 

 

Current Liabilities:

 

Current liabilities are short-term liabilities that are payable under a year. The current liabilities section in the financial dashboard of CISERP records all the current liabilities the company owns. The current liabilities section helps financial officers monitor their current liabilities. 

 

With proper monitoring of current liabilities, financial officers can monitor the trends in current liabilities. 

 

Share Capital:

 

Companies that are publicly listed have an additional section in their financial statement that is called share capital. The share capital is per share price multiplied by the volume of shares issued by the company. 

 

Share capital is driven by the par value of shares at their issue. In the financial dashboard of CISERP, we have a share capital section that shows the valuation of share capital. In case the company issues more shares to raise funds and dilute its ownership it increases and if the company purchased some of its shares from the market it decreases. 

 

Financial managers and executive management use this section in CISERP to monitor their share capital status.

 

Share Premium:

 

The share premium section is somehow the same as the share capital section. The basic difference between both of these is the price that drives the valuations. Unlike share capital, the share premium is driven by the additional value a company receives for its share other than the face value. 

 

It is the additional value a company receives for its share excessive from par value. CISERP has a dedicated section for share premium that keeps a record of share premium value. It helps managers keep their trends for share premium. 

 

Conclusion:

 

We can conclude that the financial dashboard of CISERP is a helpful feature in this ERP software that helps businesses monitor their finances easily with just a scroll. All the financial indicators that are available on the dashboard are real-time calculated so that the info displayed shows the most recent changes in these financial indicators.

 

CIS keeps on updating its ERP software with more and more features. And same goes for its financial dashboard.