What is a Yield and Rate Analysis Report?
Yield and Interest Rate Reports are considered analysis tools and are used by Managers and CFOs to analyze actual and budgeted rates and yields by credit union branch. Some of the main functionality in this type of report is that it is parameter-driven by branch and period and it compares current month metrics with prior year and budget. The rows show interest rates, fees and yields per financial product, including: Loans, Leases, and Securities. The last section (not visible in the screenshot below) includes Demand Deposits with interest expense and interest rate. You find an example of this type of report below.
Purpose of Yield and Rate Reports
Credit Unions use Yield and Rate Reports to enable executives and branch managers to get a single view of key financial metrics for their product offerings. When used as part of good business practices in Investment- and Finance departments, a company can improve its product offerings and profitability, and it can reduce the chances that a branch is giving members terms that are not driving the same results as that of other branches.
Example of a Yield and Rate Report
Here is an example of a Yield and Rate Report by Branch and it provides analysis of actual and budget figures.
You can find hundreds of additional examples here
Who Uses This Type of Report?
The typical users of this type of report are: Executives, branch managers, finance leaders, analysts.
Other Reports Often Used in Conjunction with Yield and Rate Reports
Progressive Investment- and Finance departments sometimes use several different Yield and Rate Reports, along with securities transaction reports, investment dashboards, KPI dashboards, securities dashboards, branch benchmarking reports and other management and control tools.
Where Does the Data for Analysis Originate From?
The Actual (historical transactions) data typically comes from loan management systems and enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.
In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.
What Tools are Typically used for Reporting, Planning and Dashboards?
Examples of business software used with the data and ERPs mentioned above are:
- Native ERP report writers and query tools
- Spreadsheets (for example Microsoft Excel)
- Corporate Performance Management (CPM) tools (for example Solver)
- Dashboards (for example Microsoft Power BI and Tableau)
Corporate Performance Management (CPM) Cloud Solutions and More Examples
- View 100âs of reporting, consolidations, planning, budgeting, forecasting and dashboard examples here
- View a Credit Union industry white paper and other industry-specific information here
- See how reports are designed in a modern report writer using a cloud-connected Excel add-in writer
- Discover how the Solver CPM solution delivers financial and operational reporting
- Discover how the Solver CPM solution delivers planning, budgeting and forecasting
- Watch demo videos of reporting, planning and dashboards