As a professional accountant, when reviewing financial reports, I often found myself asking – how can the reports be made more meaningful? Objectively, just how good, or bad, are the results – compared to what? Comparing solely to budgets or forecasts leaves too many questions around the assumptions or “vanity metrics”.
A framework based on actual results was needed which would provide answers to these questions as well as creating clarity in conversations about financial performance: how to elevate a privately owned company to make it more valuable. So, the evolution of Finverso began.
I have been guiding Finverso’s development team, evolving the product into an application that has achieved the objective of simplified financial performance reporting with a simultaneous guide to enterprise valuation. It is our vision that through using Finverso you will become aware of the financial performance measures that really matter, be instilled with confidence by reducing uncertainty in your financial decision making and put you in the driver’s seat towards creating shareholder wealth in your privately owned company.
Wayne Lockhart, Founder
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