In the video below we’ll review how to arm your department managers with the right financial reports and KPIs to properly manage their budget.
Most department managers are “non-financial” managers. So, it’s important to keep the information practical and relatable to the work they are doing. KPIs are very useful for this purpose.
Key Points in the Video
- Examples of department-level expense reports and tracking tools
- Departmental key metrics to track
- How to use the general ledger to help with budget variance analysis
Do This Next
- Join the Beer Business Finance Association. A network of beer distributors focused on improving financial results
- Watch the short video below: Reporting Tools for Non-Financial Managers