11 Ideas For Conveying Financial Info
July 21, 2016 The NonProfit Times
It’s time for that report to be assembled, checked, distributed, filed, etc., etc.
Many innovations can help in both the preparing and constructing of a report, both for paper and electronic storage and retrieval.
During the American Institute of CPAs (AICPA) Not-For-Profit Industry Conference, Eric Fraint, president and founder of Your Part-Time Controller LLC, gave a few tips about shopping for and using design tools.
Making it clear that he considers Excel to be in a class by itself, Fraint offered the following thoughts:
* Different tools have different strengths. Some are good for developing simple charts and graphs, others are better for complex charts and graphs.
* Some are more expensive, some less so.
* Some are better for large enterprise environments, some more suitable for smaller organizations.
* Some are easier to learn how to use, others have a steeper learning curve.
* Some are better for displaying information on a smart phone or tablet, others work well on a full-size screen.
* Some are good at distributing large groups of people statically, others are better doing so dynamically.
* Some are good at connecting to underlying data, others are better at uploading.
* Some are good at building dashboards, others are better at building reports.
* Some are good at displaying geographical information.
* Some are good at drilling down.
* Some are good at slide presentations, some not.