Financial Scorecards assist to monitor performance against specified targets. Performance metrics may be assigned a target value and a weighting, these indicate the importance of the metric. Custom targets may be set to reflect forecast performance or industry best practices.
Financial Ratio Analysis includes supporting financial analysis explanations which assist to understand the critical numbers driving a business.
Scorecards assist to visually identify areas of concern and provide an interpretive overview of the financial health of a business, providing a useful method to communicate performance to all stakeholders.