New Online Study Evaluates the Financial Health of Printing and Packaging Firms
Profectus, Inc., a business management consulting firm that helps printing and packaging organizations improve their business, announced the debut of Financial Ratios Advisor printing industry financial ratios & best practices analysis software.
Financial Ratios Advisor evaluates a company’s financial information and provides insight into the firm’s overall health. It uses over 100 quantitative industry specific ratios and benchmarks to measure a firm's liquidity, operations, efficiency, solvency, profitability, business practices, and other key financial performance ratios.
A company simply enters their financial statement, balance sheet, and other information into the easy-to-use online forms. The software then performs a detail analysis of the financial data and generates numerous financial reports about the company’s financial condition, areas that need attention, and recommended strategies for improving profitability. Companies can enter multiple years of financial data and compare the performance of their company to prior years. Financial Ratios Advisor runs in the cloud, so there’s no software to install and companies get their results immediately.
According to Profectus President, Craig Press, “Many business owners look at just gross sales or net income, but those figures can only tell a business so much” says Press. “Financial Ratios Advisor helps companies read between the lines, providing insight from seemingly insignificant numbers. It analyzes virtually every financial aspect of a business including profitability, factory costs, labor costs, overhead costs, cash flow, receivables, efficiency, staffing, inventory, business practices, and other critical attributes.”
Not only is Financial Ratios Advisor a valuable tool for a firm’s management team, but it’s also valuable for securing a loan or line-of-credit with a bank, establishing credit with suppliers, providing management incentives, pursuing investors, and engaging outside business analysts and consultants.
To find out more about the Financial Ratios Advisor printing industry financial ratios and best practices analysis software, visitor call 1-888-868-8662
The preceding press release was provided by a company unaffiliated with Packaging Impressions. The views expressed within do not directly reflect the thoughts or opinions of the staff of Packaging Impressions.