Accountancy BI
Drive better business decisions from your Practice Management Software

Business Intelligence for Advisory and Accounting Firms

Meaningful dashboards and reports

In order to run their firms more efficiently we believe that advisory and accountancy firms need instant access to their data.

At Hikari we have worked with practice management providers and accountancy professionals to create an accountancy business intelligence solution which provides instant access to their data, a clear picture of performance and insight allowing all authorised team members to view dashboards and reports that are meaningful to them.

Presenting meaningful data in a dashboard allows each component to come to life and bring some business value to the firm.

Accountancy BI

Spend less time on repetitive manual tasks and reporting

Practice Management applications are the key repository for data that contains valuable information on fees, clients, billable hours, recovery, profitability and utilisation.

Our experience to date is that many advisory and accountancy firms spend countless hours extracting and manipulating data to produce reports and analysis data. Accountancy BI gives you access to real-time, on demand information allowing you to create compelling visuals and reports, increasing productivity and removing the need for repetitive tasks.

Have a clear understanding of performance 

Having a clear understanding of performance empowers you with knowledge and gives you the tools you require to make the right decisions at the right time. Track progress, spot trends, and begin using your insights to drive informed, strategic business decisions.

Sample Dashboards

Performance

Gain deeper insights

Convert your firm’s numerical data into visual representations to allow users to gain deeper insight into the firms performance in key areas of the business. Fees analysis by client, location, month and year to date.

Time Based Analysis

Billable Utilisation

Get an instant analysis of each departments productivity through the billable utilisation dashboard. Chargeable and non-chargeable hours by department, client, WIP type. Drill down by Week, Month and Year.

Debtors

Debtor Analysis

Allow your finance team to track, analyse, and understand the financial status and performance of your debtors. Total debt by client, location and number of debtor days.

Work In Progress

Instant View

Get an instant and transparent view of the billable value of your work in progress. See total WIP by client, location, aged WIP and total year to date figures.

Recovery

Recovery Rates

Get a clear understanding of what the firm’s recovery rate is and if there are any areas where your team can make improvements. Percentage recovery rate, fees by client and employee.

View dashboard

Take Your Data Further

Performance Metrics

Key Performance Indicators

  • Providing insights into the firms Performance
  • Fees earned on a weekly, monthly and annual basis
  • Budgeted Fees v’s Actual
  • Fees earned by firm, department & employee
  • Revenue amounts by client

Dynamic real time reporting

Smart Insights

  • Work in Progress & Debtors
  • Breakdown of work in progress by client
  • Debtor days analysis
  • Fees raised compared to WIP allocated
  • Revenue collected by individual & department

Time Based Analysis

Billable Utilisation

  • Clean simple and functional dashboards
  • Chargeable and non-chargeable hours by dept
  • Hours charged to sick leave/admin/annual leave
  • Utilisation & Work In Progress
  • Hourly rates by client/department

Contact us for your free demonstration

Accountancy BI

our partners