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Services

Financial Performance Reports & Control

Clarity, control, and confidence in your company’s finances. BizWize helps SMEs build effective reporting for smarter decisions.

I’m often surprised how many companies with millions in revenue still run their business just by looking at the bank balance — without ever discovering the power of proper managerial accounting and reporting.

Michal
Kemeník
CEO

Who is this service for?

For companies and managers who are asking themselves:

How can we gain a clear overview of financial performance instead of chaotic reporting with unclear data?

Which products or services increase profit and which ones reduce it?

How to identify inefficient costs and bring them under control?

Why is our cash flow unstable, and how can we manage it better?

Are our strategic decisions based on data or just intuition?

Where are inefficiencies in processes or resource allocation?

How does our productivity compare to industry standards, and how can we improve it?

How to secure meaningful investment returns and improve the company’s financial performance for the owners?

Lacking clarity on how your company performs and where to invest?

Free
Consultation

Impact Areas & Value

What do I get and what does it mean to me?

Useful Insight into Profitability

With a managerial P&L report, we can pinpoint which products or services are the most profitable. This means we avoid investing resources into low-margin areas without realizing it, hindering our overall profitability.

Adequate Cash Flow Management

With regular cash flow reports, we maintain visibility into our cash position. This way we can avoid cash shortages, difficulty in meeting obligations, and missed opportunities for investment and growth.

Expenses Under Control

With detailed financial reports, we can identify and address unnecessary expenses. This prevents inflated costs and reduced margins, directly impacting our bottom line. With the right and regularly calculated KPIs, we will be alarmed soon enough to act on undesired development of costs, margins, or productivity.

Accurate Financial Forecasting

We have the ability to forecast future financial performance accurately. This promotes our strategic planning and ability to prepare for upcoming financial needs or challenges.

Informed Strategic Decision-Making

Presence of financial reports broadens our ability to make data-driven decisions. Strategic initiatives are based on hard data rather than assumptions, reducing the risk of failure.

Recognized Cost-Saving Opportunities

We identify and use cost-saving opportunities. Regular financial reports highlight areas where we can reduce costs, negotiate better terms, or streamline operations.

Ability to Track Progress

With monthly financial reports, we can track our progress against our financial and sales goals. This makes it easier to measure success and adjust strategies as needed to stay on course.

Confident Communication with Stakeholders & Banks

Financial reports are essential for communicating with stakeholders, including investors, lenders, and partners. With them, it is easier to build trust and secure the support needed for expansion.

Reduced Risk of Financial Mismanagement

With systematic financial reporting, we reduce the risk of financial mismanagement and fraud. Regular reports provide oversight and accountability, reducing the likelihood of financial discrepancies.

Get control over your numbers — and your future.

Free
Consultation

How Do We Achieve It?

Steps and milestones toward a working solution

Review of Current Financial Processes

We begin with mapping and analyzing your current financial processes, systems, and data collection methods to understand the current state and identify potential gaps in financial reporting.

Designing Reports Tailored to Your Needs

We design clear financial reports tailored to your company’s needs — for management, operations, or product teams. These include P&L statements, cash flow reports, balance sheets, and aging structures of receivables, all supporting a better view of your company’s financial health and performance.

Simple Framework for Financial Reporting

We implement a practical reporting framework that standardizes the collection, analysis, and presentation of financial data across the company. We explain key accounting principles so that even non-accountants can apply them. This ensures reports become a tool for business management — not just for tax filing.

Training and Support

We pass on complete know-how so you don't stay dependent on external consultants. We train your employees to create, understand, and evolve financial reports. The service includes workshops or individual consultations, so everyone can use reporting to support better decisions.

Ongoing Improvements and Updates

We provide ongoing support for upgrading your financial reporting and management reporting framework. Whenever needed, we step in to adapt tools and methods to ensure your reporting evolves with your company’s needs and external requirements.

Start using insights that drive better financial decisions

Free
Consultation