Effective managers acknowledge that their historical business data is a valuable source of information that assists them with future decision-making and to improve business processes and practices. Statistics drawn from historical data represent the most accurate form of organisational information if your organisation’s data is reliable.

Not only do data analysis and statistics enable us to provide our clients with meaningful information, but through interrogating historical data, we can easily identify invalid or incomplete data and potential instances where financial leakage occurred. Our services in this area include:

Summarisation and Analysis

Being able to know exactly the net, maximum, minimum and average values of business data, or values relating to specific strata of business data, puts management in a competitive advantage over other organisations that do not have this information at hand. PBMS can analyse historical organisational data and provide management with meaningful statistics and analytical results relating to this data.

Financial Leakage

Incorrect and/or duplicate payment of creditors and employees is not something that organisations would like to admit to, however reality is that they do occur. We can analyse your accounts payable and payroll data to identify such leakage to enable you to commence recovery of such amounts.

Accounts Receivable

Timely receipt of debtor payments is crucial to your organisation’s cash flow and credit control mitigates your risk of not getting paid by your debtors. Often both these aspects become ineffective over time, resulting in financial losses to organisations. Through analysing your accounts receivable data we can assist you in managing both these aspects more effectively.

Inventory

Inventory is meant to move hands from your organisation to those of your customers. The quicker this happens, the better it is for your organisation. Inventory is also often a significant item on the balance sheet, hence the accuracy of associated values is important. Our analysis of inventory records enables us to identify aging inventory, turnover ratios, fast moving items, incorrect cost prices and more.

Business Efficiencies and Fraud Detection

Not only does data analysis often enables the identification of inefficiencies in business processes and practices, but it also provides an opportunity to identify fraud where it has occurred, which is often difficult to trace.