The purpose of data is dialogue. We can’t say it enough. As businesses grow and teams expand, it becomes more difficult for leaders to keep their fingers on the pulse in the same way they once could. The key to staying in touch and delegating to other team members is communication. Further, strong communication is contingent on the right kind of information changing hands to support the right conversations. Meetings should not be for information dictation, but to socialize, strategize, and make decisions.
First Water has deep experience in helping organizations determine the right data and key performance indicators (KPI reporting) that offer actionable insights into performance and represent the levers of value creation. Beyond identification, we specialize in developing the tools and processes to aggregate, analyze, and visualize that data for leaders throughout an organization.
Related Pain Points
While we are your trusted partner for getting the right data into the hands of you and your team, we take this a step further with our understanding of how capital providers and external stakeholders analyze your business. Lenders care about different information and trends than a growth equity partner.
First Water has the experience of efficiently presenting information to these groups, because our team has sat in each of those outside seats. First Water is the only resource that can combine these data skill sets with a number of finance perspectives. Through RootSource, we help tell the story of your business’ performance, but importantly we also help you tell the story of your business.
Managed FP&A Solutions (MFS) is one way we bring these KPI reporting and business intelligence capabilities into your business, where First Water develops, implements, and maintains your reporting on an ongoing basis. This first-of-kind solution offers businesses a tiered capability set to customize reporting and BI needs on a cost-effective basis.Managed FP&A Solutions