TAILIEUCHUNG - GROWTH AND PROFITABILITYOptimizing the Finance Function for Small and Emerging Businesses phần 6

Hiểu biết về nhu cầu kinh doanh và thông tin sẽ cung cấp cho quản lý kiến thức khái niệm và thực hiện các mô hình kinh doanh thông qua xem xét cấp trên sẽ không chỉ sắp xếp hợp lý các luồng dữ liệu động, nhưng chuẩn bị | EVALUATING DATA CUSTOMERS 121 Exhibit Internal and External Data Customer Needs Data Internal Data Customer Needs External Data Customer Needs Margins by business unit Yes Yes No Margins by product Yes Yes No Expenditures by department Yes No Subsidiary inventory balances Yes No Accounts receivable aging by business unit Yes No Total company days sales outstanding DSO Yes Yes Total company margin performance Yes Yes Total company expenditures by type Yes Yes Total company inventory turns Yes Yes Total company cash flow Yes Yes Total effect of currency fluctuation Yes Yes Constant currency performance by subsidiary Yes No country Cash flow by subsidiary Yes No Order backlog Yes No Projected bookings Yes No What mechanisms are in place to handle this crucial communications task If the finance function s obligations have been historically suited for internal data customers how will it adjust to the more formal and sophisticated needs of external data customers Is one person in the organization deemed the owner of the finance data The small and emerging business owner may be the only individual that has access to financial data on a corporate-wide basis. Is that person sophisticated enough from a finance perspective to communicate this data to erudite underwriters or financiers The small and emerging business owner may not have the luxury of a dedicated group of financial professionals that keep track of and interpret financial data. Such a group will be a necessity at some time during the company s life cycle. Until that time comes the organization still may avail itself of professionals who interface with sophisticated data customers such as governmental authorities or institutional investors. What mechanism is in place for disseminating accurate information to data customers Companies with no public reporting or disclosure requirements may not need a formal mechanism to release financial data however publicly traded companies must be careful that only officially

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