Reporting #2 Off-the-shelf reports
In these unsettling times, your clients are likely looking for astute advice. In turn, the downward pressure on you to be more efficient with your time and to better utilise this for advisory services is only increasing.
Time-saving initiatives may well be a top agenda item for you right now. If so, many digital accountancy platforms now offer pre-built reporting templates that you can easily use with existing data, taking the strain out of monthly consolidated group reporting while clawing back vital time for use elsewhere in your work.
How our Joiin platform can help
Simple to integrate with existing cloud accountancy software, our Joiin platform offers five core off-the-shelf reports. Our off-the-shelf reports are profit & loss, balance sheet, cash flow, KPIs, and trial balance. These reports mean you can efficiently run reports as the Joiin platform’s readymade automation does all the heavy lifting for you.
Joiin case study
For Joiin customer Great Dental Websites, ready-made reporting means reports can be pulled within seconds and generated automatically (where previously this took days). Every quarter, the company runs around 250+ reports from within Joiin, delivering more substantial financial insights for multiple stakeholders and enabling teams across two continents and four countries to share one accurate picture of accounts.
“While off-the-shelf reports are ideal for common reporting scenarios, there will be times when you need a tailor-made report, such as a bespoke client presentation, or to meet a specific regional accounting requirement.”
Reporting #3 Customisable reports
While off-the-shelf reports are ideal for common reporting scenarios, there will be times when you need a tailor-made report, such as a bespoke client presentation, or to meet a specific regional accounting requirement.
Many modern platforms will offer a wealth of rich filters and features to help you edit reports and build a financial narrative around any specific economic factors you want to address.
How our Joiin platform can help
Our Joiin platform has a complete set of filters and features, meaning you can easily customise reports to meet each client’s needs. You can control things like branding and exchange rates. At the same time, automatic conversions simplify reporting across different currencies, and straightforward filtering eliminates the information you don’t need in a consolidated group report.
Joiin case study
UK-based chartered accountants Bulley Davey use Joiin largely to consolidate profit and loss reports and balance sheets, enabling their advisors to build an accurate picture for each client. The Bulley Davey team customise Joiin reports to drill down to details to assist groups, such as the movement of funds between companies.
About this blog series
This blog series explores five essential digital reporting types for accountants that can help make sense of these unsettling economic times. Reporting that’s proven to drive critical insights into the health of a business, identifying risks and opportunities, and helping to build a more robust financial narrative.
