Financial ratios are like x-rays for your business. They reveal critical insights into its health and performance, offering a clear view of efficiency, liquidity, leverage, profitability, and solvency.
Derived directly from your company's accounting system, these ratios answer key questions about your business's financial standing. However, not all ratios are created equal—what’s considered high performance varies by industry.
At BizWell, we take the guesswork out of this process for small to medium-sized businesses (SMBs). Our industry-specific reports are tailored to your Standard Industrial Classification (SIC) code, providing normalized ratio scores and actionable insights. These reports focus on key areas like accounts receivable, accounts payable, and inventory management, helping you assess and improve your financial performance with confidence.
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Making Numbers UnderstandableFinancial ratios are often presented as numbers or percentages, which can feel abstract or overwhelming. At BizWell, we simplify these metrics for small to medium-sized businesses by translating them into universally understood units, such as days.
For example:
This level of clarity makes financial insights accessible and actionable, regardless of your expertise.
To make it even easier, BizWell integrates with popular accounting platforms like QuickBooks Online, MicrosoftDynamics, Acumatica, and AccountMate, streamlining the process of accessing and analyzing your financial data.
Your Path to Financial ExcellenceAchieving high performance as a small to medium-sized business starts with knowing your ratio scores and setting specific goals for improvement. Once you’ve identified your current state and your ideal ratio goal, you can take actionable steps to get there.
For instance, your accounts receivable module might reveal:
A Vision for Continuous ImprovementFinancial ratio analysis touches every corner of your business—from accounts receivable and inventory to profitability and even employee performance. By focusing on these metrics, you can empower your business to operate at peak performance and achieve sustainable growth.
Types of Financial RatiosFinancial ratios are typically grouped into the following categories:
Understanding these categories helps you focus on the metrics that matter most to your business goals.
increased Cash Flow Starts HereWe don’t just offer software—we deliver results. Designed to increase your cash flow, improve operational efficiency, and fuel holistic business growth, BizWell™ is the partner you can trust to transform your business. With our guaranteed results, you have nothing to lose and everything to gain!
