Management information

What is management information?

Management information, or MI, is an umbrella term for details about a business’s everyday activities.

While MI can cover anything from customer reviews to compliance reports, financial management information is more specific: referring to facts and figures like costs, sales, and profits.

Good financial management information is accurate, useful, and timely. It can be used to track trends, respond to emerging issues, and extract revealing insights about how your business is performing.

Done right, management information can be a powerful business tool. With expert support, you can use it to make better decisions, sidestep problems, and capitalise on opportunities across your business.

How The Finance People can help

Small and medium sized businesses don’t always have the bandwidth to use financial management information to its full potential.

That’s where the experts at The Finance People come in: helping you to collect, analyse, and evaluate key performance indicators, and use them to drive business success.

We do this by:

• Identifying the key performance indicators (KPIs) for your business
• Analysing sales and profit figures by department, product line, country and more, to aid better decision making across your business
• Designing and implementing bespoke reports that are relevant to your business
• Delivering actionable insights for business improvement, as well as budgets and forecasting models to keep you on track
• Communicating and collaborating with you, every step of the way

We have also created a useful guide, to help you take a proactive approach in managing information. Download it here.

Why outsource management information?

Management information outsourcing means you can make the most of all the business benefits, whilst focusing on doing what you do best.

At The Finance People, our financial management information consultants will use their decades of experience, independent insight, and excellent leadership skills to help you:

• Reduce costs
• Solve capacity issues
• Improve productivity
• Give confidence to key stakeholders and funders
• Allow Senior Management Teams to focus on your core business
• Improve your quality of service

So you can drive transformational change for your business.