What a good monthly MIS contains
Page 1: the summary
What happened, why, and the three decisions for this month.
Profit and loss vs budget
With variance explained in words, not just numbers.
Profit by product, customer and branch
Where the money is made, and where it's lost.
Cash and the 13-week forecast
Including statutory dues, EMIs and the bank's drawing power.
Receivables and payables ageing
Who owes what, for how long, and who to call.
Operating KPIs
Production, idle time, wastage, sales by segment and geography, stock days: whatever drives your business.
Their structured MIS reports have given us clear visibility into our business performance, enabling faster and more informed decisions. The budgeting and cash flow monitoring system introduced by their team has helped us plan our funds more effectively and manage our operations with greater confidence.
We now review sales every month by segment and geography, which has helped us focus on the right markets. Regular monthly reviews with the sales team have improved accountability and progress tracking.
Working with CFOSurge has truly transformed how we look at our business finances. They helped us set up monthly business plans right down to the bottom line, which has given us so much more clarity and control. Highly recommend them to any business looking to get a real grip on their numbers!
Quoted word for word from our clients. Some quotes use our former name, Soatech.
Board and investor packs
For companies with a board or investors, we turn the MIS into a board pack: performance against plan, cash and runway, risks, and the decisions the board is asked to take, with a CFO to present it.
Live numbers with CFOAvatar
Questions owners ask us
How much does it cost?
It depends on scope: the size of the business, the number of entities and branches, and how often your CFO meets you. Plans start from ₹50,000 a month. We fix your fee after a free assessment of your business, so you pay only for what you need.
How soon after month-end will we get the MIS?
We close books by the 5th working day under our SLA, and the MIS follows within days of the close.
Can the MIS include non-financial numbers?
Yes. Production, sales by region, stock, headcount and other operating data are often the most useful parts. Hiflo Solders, for example, now tracks output, idle time and wastage from the shop floor.
Do you build dashboards?
Yes. CFOAvatar gives a live dashboard of revenue, gross profit, cash and receivables from your accounting data, and custom reports for your business.
