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Example of a Monthly Sales Dashboard for Real Estate Companies

What is a Monthly Sales Dashboard?

Monthly sales dashboards are considered important month end performance tools and are used by executives and sales leaders to slice and dice monthly sales data. Some of the main functionality in this type of dashboard is that it enables easy sales monitoring using six charts as well as with KPIs. The user selects the month from the drop down box at the top of the dashboard and this will display all the charts and metrics based on the chosen period. The analysis includes: 1) Sales for the top 5 agents, 2) Actual versus budgeted sales per agent, 3) Sold units by state, 4) Top 5 banks – sold units, 5) Top 10 projects, and 6) Top 5 agencies. The KPI section on the top of the screen shows Total available units and Total sold units. You find an example of this type of dashboard below.

Purpose of Monthly Sales Dashboards for Real Estate Businesses

Real Estate companies use Monthly Sales Dashboards to provide managers with an easy way to monitor monthly sales performance. When used as part of good business practices in Financial Planning & Analysis (FP&A) and sales departments, an organization can improve its revenues and sales strategies, and it can reduce the chances that monthly outliers are not detected quickly so they can be analyzed.

Example of a Monthly Sales Dashboard

Here is an example of a Monthly Real Estate Sales Dashboard with ranking of agents, agencies, banks and projects.

Example of a Monthly Sales Dashboard for Real Estate Companies

Example of a Monthly Sales Dashboard for Real Estate Companies

You can find hundreds of additional examples here

Who Uses This Type of Dashboard?

The typical users of this type of dashboard are: Executives, CFOs, analysts.

Other Reports Often Used in Conjunction with Monthly Sales Dashboards

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Monthly Sales Dashboards, along with financial dashboards, consolidated and local office profit & loss reports, sales reports, sales forecast, annual budgets, project reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from 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

Example of a Sales Trend by Product Class Report for a Retail Company

What is a Sales Trend by Product Class Report?

Sales trend reports are considered critical management tools and are used by sales and product category managers to better understand year-over-year variances and monthly trends. Some of the main functionality in this type of dashboard report is that it combines detailed monthly metrics with powerful analytical charts. The top section of the report shows two years of monthly sales in addition to variances in amounts and percent. The traffic lights helps focus the user’s attention to significant variances. The rows display products by category. The bottom portion of the report provides trend and variance charts. You find an example of this type of dashboard report below.

Purpose of Sales Trend by Product Class Reports

Retail businesses use Sales by Product Class reports to give managers a multi-year overview of sales for each of its product categories. When used as part of good business practices in retail operations, a company can improve its product decisions related to sales performance as well as reduce the chances that important product sales trends go undetected.

Sales Trend by Product Class Report Example

Here is an example of a Sales Trend by Product Class report with detailed monthly figures for current and prior year as well as a section for graphical analysis.

Example of a Sales Trend by Product Class Report for a Retail Company

Example of a Sales Trend by Product Class Report for a Retail Company

You can find hundreds of additional examples here

Who Uses This Type of Dashboard report?

The typical users of this type of dashboard report are: Executives, store and regional managers, category managers.

Other Dashboard and Reports Often Used in Conjunction with Sales by Product Class Reports

Progressive retail operations departments sometimes use several different Sales by Product Class Reports, along with general sales forecasts and budgets, sales dashboards, KPI dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or 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

Capacity Utilization Dashboard Example with Manufacturing Plant Comparisons

What is a Capacity Utilization Dashboard?

Utilization analysis dashboards with comparative analysis are considered benchmarking tools and are used by operations managers to track utilization by plant and to easily see exceptions. Some of the main functionality in this type of dashboard report is that it it provides utilization analysis by individual plant and it also benchmarks these metrics across all the plants. You find an example of this type of dashboard report below.

Purpose of Capacity Utilization Dashboards

Manufacturers use Capacity Utilization Dashboards to monitor plant performance for utilization metrics. When used as part of good business practices in a Production department, an organization can improve its utilization tracking and analysis as well as reduce the chances that executives don’t have good visibility to whether any individual plant becomes inefficient without quickly detecting it.

Capacity Utilization Dashboard Example

Here is an example of a Capacity Utilization Dashboard to track multiple manufacturing plants.

Capacity Utilization Dashboard Example with Manufacturing Plant Comparisons

Capacity Utilization Dashboard Example with Manufacturing Plant Comparisons

You can find hundreds of additional examples here

Who Uses This Type of Dashboard report?

The typical users of this type of dashboard report are: Executives and Plant Managers.

Other Dashboard reports Often Used in Conjunction with Capacity Utilization Dashboards

Progressive Production departments sometimes use several different Capacity Utilization Dashboards, along with production dashboards, inventory reports, sales forecast, sales reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or 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

Example of a Profit & Loss Report with KPIs for a Healthcare Provider

What is a Profit & Loss Report with KPIs?

Profit & Loss (P&L) reports with KPIs are considered powerful monthly management analysis tools and are used by CFOs and other executives to analyze both financial and operational performance in a single view. Some of the main functionality in this type of dashboard report is that it uses parameters so the user can run it for any month and one or many facilities. The top section shows two KPIs: 1) Total admits and 2) Average patient charge. The middle section shows summary P&L rows and each row can be expanded to see the underlying general ledger (GL) accounts and amounts. The bottom of the report displays additional KPIs for Discharges and RVUs, as well as two charts for graphical analysis. You find an example of this type of dashboard report below.

Purpose of P&L Report with KPIs

Healthcare providers use P&L Report with KPIs to provide executives with an easy to read format that offers essential performance information. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its decision-making capabilities as well as reduce the chances that managers miss the big picture with too many detailed reports being put in front of them every month.

P&L Report with KPI Example

Here is an example of a Monthly Profit & Loss Financial Report that includes KPIs for the current month and year-to-date.

Example of a Profit & Loss Report with KPIs for a Healthcare Provider

Example of a Profit & Loss Report with KPIs for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Dashboard report?

The typical users of this type of dashboard report are: Boards, CFOs, COOs, group controllers and analysts.

Other Reports Often Used in Conjunction with P&L Report with KPIs

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different P&L Reports with KPIs, along with Financial dashboards, trend reports, balance sheets, cash flow statements and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data comes from management systems or 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

Consolidated Profit & Loss Report for a Healthcare Provider

What is a Consolidated Profit & Loss Report ?

Consolidated profit & loss (P&L) reports are considered essential monthly reports for healthcare groups and are used by Boards, CFOs and Controllers to review monthly aggregate results. Some of the main functionality in this type of financial report is that it is parameter driven and the user can run it for divisions as well as the top consolidated level in the organization. The individual clinics/locations will dynamically expand across the columns with a consolidated total on the far right. The rows are organized in a typical P&L layout, showing revenues, expenses, margins and net profit (loss). You find an example of this type of financial report below.

Automate Your Healthcare Operations

Purpose of Consolidated Profit & Loss Reports

Healthcare providers use Consolidated Profit & Loss Reports to provide healthcare executives at the group level with a clear view of consolidated results while at the same time seeing how each clinic individually is contributing. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its profitability and financial performance communication as well as reduce the chances that executives make slower or sub-optimal decisions because they don’t easily see each location’s contribution to consolidated results.

Consolidated Profit & Loss Report Example

Here is an example of a Consolidated Profit & Loss Report for a healthcare provider group and it’s clinics.

Consolidated Profit & Loss Report for a Healthcare Provider

Consolidated Profit & Loss Report for a Healthcare Provider

 

You can find hundreds of additional examples here

Who Uses This Type of Financial report?

The typical users of this type of financial report are: Boards, CFOs, group controllers.

Other Financial Reports Often Used in Conjunction with Consolidated Profit & Loss Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Consolidated Profit & Loss Reports, along with KPI and financial dashboards, variance and trend reports, balance sheets, cash flow statements and other management and control tools.

Solver for Healthcare Providers

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data comes from 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)

Automate Your Healthcare Operations

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Statement of Operations Report Example for a Healthcare Provider

What is a Statement of Operations?

Statement of Operations reports with multi-year KPIs are considered powerful monthly management reports and are used by Boards, CFOs and other executives to see a current Profit & Loss overview along with a three year picture of key performance indicators (KPIs). Some of the main functionality in this type of innovative monthly report is that it uses parameters that provide on-demand choices of period and organizational units to include. Across the columns it dynamically lists each month of the year up to the current period. The far right shows the total year-to-date (YTD) figures as well as the average monthly performance. The top portion of the rows shows two metrics: Patient volume and Average patient charge. Following that you see a typical Profit & Loss layout with revenues, expenses and net income. At the bottom of the report there are KPI sections for the current year as well as the two prior years. You find an example of this type of innovative monthly report below.

Automate Your Healthcare Operations

Purpose of Statement of Operations Reports

Healthcare providers use Statement of Operations Reports to offer managers a single tool to make it easy to analyze monthly financial results along with multi-year KPI performance. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its strategies and decision-making as well as reduce the chances that executives don’t easily see the big, multi-year picture while analyzing current year and monthly results.

Statement of Operations Report Example

Here is an example of a Statement of Operations with financial results for current year periods as well as three years of monthly and YTD KPIs.

Statement of Operations Report Example for a Healthcare Provider

Statement of Operations Report Example for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Monthly Report?

The typical users of this type of innovative monthly report are: Boards, CFOs, COOs, group controllers and analysts.

Other Monthly Reports Often Used in Conjunction with Statement of Operations Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Statement of Operations Reports, along with KPI and financial dashboards, variance reports, balance sheets, cash flow statements and other management and control tools.

Solver for Healthcare Providers

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from 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)

Automate Your Healthcare Operations

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Claims by Payor Report Example for a Healthcare Provider

What is a Claims by Payor Report?

Claims by payor reports are considered operational reports and are used by CFOs, accountants and claims managers to analyze claims statistics and related charges and reimbursements. Some of the main functionality in this type of report is that it shows claims-related information by employee and insurance provider (payor). The metrics include charges, reimbursements, # of claims, # of claims paid, and % of claims paid. All figures roll up to totals by payor. You find an example of this type of report below.

Automate Your Healthcare Operations

Purpose of Claims by Payor Reports

Healthcare providers use Claims by Payor Reports to provide managers with a clear understanding of how many claims are paid and how much of their charges are reimbursed. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a healthcare organization can improve its revenues and claims processes as well as reduce the chances that financial results suffer as a result of poor insight to claims metrics.

Claims by Payor Report Example

Here is an example of a Claims by Payor Report with charges, reimbursements and claims metrics.

Claims by Payor Report Example for a Healthcare Provider

Claims by Payor Report Example for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: CFOs, revenue officers, collections managers, analysts, accountants, claims managers.

Other Reports Often Used in Conjunction with Claims by Payor Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Claims by Payor Reports, along with claims dashboards, detailed claims reports and other management and control tools.

Solver for Healthcare Providers

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from specialized claims systems or 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)

Automate Your Healthcare Operations

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Monthly Collection Rate Report Example for a Healthcare Provider

What is a Monthly Collection Rate Report?

Monthly collection rate reports are considered essential healthcare accounting reports and are used by CFOs, accountants and collections managers to analyze monthly collection rates. Some of the main functionality in this type of analytical trend report is that it can be filtered by biller, insurance provider and physician. Across the columns you find all 12 months of the year as well as a total. All collection rate figures are listed as the percent (%) of the billed amount that was collected. Downwards in the report there are four sections: 1) Metrics by insurance company, 2) Metrics by biller, 3) Metrics by physician, 4) Metrics by revenue group. At the bottom each section you find sub-totals. You find an example of this type of report below.

Purpose of Monthly Collection Rate Reports

Healthcare providers use Monthly Collection Rate Reports to get a clear understanding of how successful (nor not) their collections activities and related policies are. When used as part of good business practices in Financial Planning & Analysis (FP&A) and collections departments, an organization can improve its revenues and collection strategies as well as reduce the chances that managers miss important collection rate trends and anomalies.

Monthly Collection Rate Report Example

Here is an example of a Monthly Collection Rate Report that helps healthcare providers analyze collection rates (%) by insurance company, biller, physician and revenue group.

Monthly Collection Rate Report Example for a Healthcare Provider

Monthly Collection Rate Report Example for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Analytical Trend report?

The typical users of this type of analytical trend report are: CFOs, revenue officers, collections managers, analysts, accountants, budget managers.

Other Analytical Trend Reports Often Used in Conjunction with Monthly Collection Rate Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Monthly Collection Rate Reports, along with collections dashboards, detailed billings/charges/collections reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or 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

Example of a Monthly Collections Summary Report for a Healthcare Provider

What is a Monthly Collections Summary Report?

Monthly collections reports are considered essential healthcare reports and are used by CFOs, accountants and collections managers to analyze all monthly collections. Some of the main functionality in this type of analytical summary report is that it can be filtered by biller, insurance provider and physician. Across the columns you find all 12 months of the year as well as a total and how much each row is as a percent of the total amount. Downwards in the report there are four sections: 1) Metrics by insurance company, 2) Metrics by biller, 3) Metrics by physician, 4) Metrics by revenue group. At the bottom each section you find sub-totals. You find an example of this type of analytical summary report below.

Automate Your Healthcare Operations

Purpose of Monthly Collections Summary Reports

Healthcare providers use Monthly Collections Summary Reports to get a clear understanding of monthly collections and trends from all possible angles. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its revenues and collection strategies as well as reduce the chances that low performance areas or issues go undetected.

Monthly Collections Summary Report Example

Here is an example of a Monthly Collections Summary Report that helps healthcare providers analyze collection amounts by insurance company, biller, physician and revenue group.

Example of a Monthly Collections Summary Report for a Healthcare Provider

Example of a Monthly Collections Summary Report for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Analytical summary report?

The typical users of this type of analytical summary report are: CFOs, revenue officers, collections managers, analysts, accountants, budget managers.

Other Analytical summary reports Often Used in Conjunction with Monthly Collections Summary Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Monthly Collections Summary Reports, along with collections dashboards, detailed billings/charges/collections reports and other management and control tools.

Solver for Healthcare Providers

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or 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)

Automate Your Healthcare Operations

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Monthly Charges Summary Report for a Healthcare Provider

What is a Monthly Charges Summary Report?

Monthly charges reports are considered important reports for healthcare organizations and are used by CFOs, accountants and revenue officers to analyze all monthly charges. Some of the main functionality in this type of analytical summary report is that it can be filtered by biller, insurance provider and physician. Across the columns you find all 12 months of the year as well as a total and how much (%) each row is of the total amount. Downwards in the report there are four sections: 1) Metrics by insurance company, 2) Metrics by biller, 3) Metrics by physician, 4) Metrics by revenue group. At the bottom each section you find sub-totals. You find an example of this type of analytical summary report below.

Purpose of Monthly Charges Summary Reports

Healthcare providers use Monthly Charges Summary Reports to get a clear understanding of monthly charges and trends from all possible angles. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a healthcare provider can improve its revenues and collection strategies as well as reduce the chances that low performance areas or issues go undetected.

Monthly Charges Summary Report Example

Here is an example of a Monthly Charges Summary Report that helps healthcare providers analyze charges by insurance company, biller, physician and revenue group.

Monthly Charges Summary Report for a Healthcare Provider

Monthly Charges Summary Report for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Analytical Summary Report?

The typical users of this type of analytical summary report are: CFOs, revenue officers, collections managers, analysts, accountants, budget managers.

Other Reports Often Used in Conjunction with Monthly Charges Summary Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Monthly Charges Summary Reports, along with revenue dashboards, detailed billings/charges/collections reports, budget reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or 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