Fatora offers a variety of analytical tools that enable you to monitor your business performance and make data-driven financial decisions. Through detailed reports and insights, you can track revenues, expenses, payments, and invoices, providing a complete overview of your operations.
Types of Analytics Supported by Fatora
1️⃣ Financial Analytics
- Financial Reports: Access detailed reports on revenues and expenses to track profitability and effectively manage costs.
- Revenue Comparison: Compare revenues across different time periods (monthly, quarterly, annually) to analyze financial trends.
- Invoice Management: Monitor paid and unpaid invoices for a precise view of cash flow.
2️⃣ Payment Analytics
- Payment Tracking: View payment details across various payment methods, such as credit cards, bank transfers, and digital wallets.
- Overdue Payments: Identify overdue payments and customers requiring reminders for settlement.
3️⃣ Invoice Analytics
- Invoice Reports: Get detailed reports on issued invoices, including issue dates, due amounts, and payment status.
- Customizable Invoices: Tailor reports to include details like taxes or applied discounts for better analysis.
4️⃣ Customer Analytics
- Customer Details: Generate comprehensive reports on the number of invoices issued per customer, payments made, and outstanding amounts.
- Customer Behavior Analysis: Understand customer purchase patterns and transaction frequency to create effective marketing strategies.
5️⃣ Tax and Discount Analytics
- Tax Reports: Analyze tax obligations and amounts included in invoices to ensure tax compliance.
- Discount Reports: Track the value of discounts applied to invoices to evaluate pricing strategies and promotional offers.
6️⃣ Time-Based Analytics and Periodic Reports
- Monthly and Annual Reports: Generate periodic reports to monitor business performance over months or years.
- Financial Forecasts: Leverage past performance data to predict future revenues and develop successful financial strategies.
How to Leverage Fatora Analytics
- Enhance Decision-Making: Use precise data to make informed financial and business decisions.
- Manage Cash Flow: Continuously track cash flow to ensure adequate liquidity for your business operations.
- Boost Operational Efficiency: Identify patterns and areas for improvement to enhance business efficiency and reduce costs.
Conclusion
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Fatora analytics system provides comprehensive tools to track revenues, payments, invoices, and taxes, giving you a clearer understanding of your business performance. With these insights, you can refine your financial strategies and make accurate decisions to foster growth and sustainability.
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