Cash Focus




cash focus software

 

20-20 balanced scorecard

20-20 balanced scorecard
Benefits and features.

 

20-20 balanced scorecard

 

20-20 balanced scorecard software.
Benefits and features

 

 

20-20 balanced scorecard Benefits         

 
 


1. Keeps everyone directed towards achieving the same goals

  Implement key strategies by keeping everyone directed towards achieving the same goals. Helps everyone in an organization to see clearly the common strategies.


2. Achieve desired future outcomes

  The future outcomes wanted will happen by measuring and controlling now.


3. Business strategies are relevant

  The business strategies can be stated in terms relevant to each level in the organization. This helps all personnel work towards achieving the common objectives.


4. Accountability is evident

  Helps management to give clear directions - accountability is evident to all concerned.


5. Focuses on customers needs

  Focuses the organization on customers needs, including quality of service and customer satisfaction. Both financial and non-financial objectives and performance targets can be set.


6. Understand how to implement strategies

  20-20 gives you a real understanding of how to implement strategies in your organization. It shows where the areas that need attention are, and tracks progress towards implementation. Helps keep everyone focused on the organizations strategies.


7. Be productive immediately

 

Avoid the agony and cost of a lengthy implementation and training schedule. Easily installed and operated with comprehensive accompanying documentation. Install the software and start implement and communicating strategies in your organization.

20-20 balanced scorecard is the tool to manage and communicate business strategies and performance.

"Potentially the most valuable software tool any business could buy!"

 

 

 

20-20 balanced scorecard Features         

These features are in all versions:-  (click link for a "screen shot")
 


1. Guides you through every step of the balanced scorecard

  20-20 provides a standard platform for creating an organization’s strategies. “20-20” is a guide through every step of the balanced scorecard. It provides a consistent method of setting up strategies, assigning responsibilities, monitoring and controlling progress. “20-20” provides an efficient way to translate strategies into objectives and measures. It improves the organization’s ability to implement strategies.       


2. Implementation is performed quickly and easily

  “20-20” is designed to be intuitive to use. Monitoring and reporting the results is easily obtained by person, department, sector, process.


3. Color coded control panel

  The graphic nature of “20-20” makes it easy to view strategies from a number of perspectives. Pinpoint areas that require attention - once you have identified an aspect of concern “20-20” allows it to be visually brought to the attention of the team. The color coded control panel makes this feature very easy to implement. Intervention can then occur at the earliest opportunity.


4. Financial and non-financial performance indicators

  Presents financial and non-financial performance indicators in a visual format. Use it to measure and monitor your business strategies. Positive management tool - “20-20” gives management a strategy focus. Financial and non-financial objectives are summarized into a visual indicator of business performance. Rate and report the organization’s progress each month, each quarter, each year, so that management can control business achievement and growth.


5. Can weight strategies

  Get the balance right - not all strategies carry the same importance in an organization. “20-20” recognizes the need to weight strategies, objectives and measures so that the scorecard clearly and succinctly reflects the business performance.


6. Flexible

  Unlike financial measurement and accounting systems, “20-20” goes beyond set end-periods to keep information current. “20-20” will take a situational update of any measure at any time. Progressive implementation - There are no limits to the size of data and “20-20” is designed to enable you to progressively introduce balanced scorecard concepts into the organization with a top down approach. The facility to maintain multiple models gives the organization further choice in its implementation approach.


7. Process flowchart included

  Map your processes - includes tools to flowchart processes. This powerful facility connects processes to the scorecard giving the ability to see your card by process. Views are also provided by department, sector and individual personnel members. A process salience graph is included to highlight those processes that are beneficial to the organization and those that may need attention.


8. Choice of presentation

  You can see progress over time with reports and graphs. Take a snapshot of the current position in a ‘tree structure’ or drill down into the scorecard. There are visual presentations that give you the opportunity to be more proactive.


9. Progressive implementation

  There are no limits to the size of data and “20-20” is designed to enable you to progressively introduce balanced scorecard concepts into the organization with a top down approach. The facility to maintain multiple models gives the organization further choice in its implementation approach.


10. Import or export

  Import or export from any system that has the ability to export / import data to an Excel or ASCII formatted file. Zip and unzip functions are built in for archives, backups and emailing scorecards between users.


11. Flexible and easy-to-use

  The software has an easy-to-read presentation. The detailed scorecards are accessible from the one screen. Very fast. 20-20 will give you a real understanding of the progress towards achieving the desired strategy outcomes. Gives you a very useful way to implement future strategies. The organization will respond to change quicker and more pro-actively. It will help you create a more valuable business.
 
These advanced features are in the Gold version:-
 


12. Speaks your language (terminology can be changed)

  All terminology can be changed to suit your preference (Gold version feature). Using your own terminology helps to communicate strategy and objectives to personnel in a way that contributes to effective performance. You design strategic objectives in your own terms and use measures that relate to your organization.


13. Consolidation

  Unlimited number of balanced scorecards can be entered and managed. Consolidation is included in the Gold version. “20-20” has a unique method of seamlessly reporting on the lowest level, as well as consolidating up automatically to department, sector, process or organization.
 
 

Home

 

 

© Cash Focus Pty Limited

Site Map | Home | Purchase | Contact us | Budgets | Financial analysis | Activity based costing | Balanced scorecard