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Aligning Your Chart of Accounts with SLI
SLI is Service Leadership Index, an operational system for your business with a focus on finance. It has been discussed heavily in Peer Groups such as ITNation Evolve...and lately a lot of IT/MSP businesses simply want the suggested SLI COA implemented.

But it’s not as simple as this...

SLI suggests a “standard COA” example, but it's not a perfect template that can be applied to every MSP business "cookie cutter".

We first have to start with a good understanding of what goals you have for your business, and what data you would like to see on your P&L. This is where a financial consultant, and one with a good understanding of an MSP business AND the ConnectWise ecosystem can be extremely helpful.

Some of the consequences of not setting up your COA according to a framework:

*Significant amount of time to report accurate P&L data to SLI/accountability group/certain KPIs
*No ability to forecast revenue or make intelligent business decisions
*No ability to budget correctly
*No ability to determine your next hire
*No ability to determine if you can sell, merge, or acquire

Join us on this session to do a deep dive into SLI, and bring to light some of the benefits and customizations needed.

Jan 12, 2023 11:00 AM in Pacific Time (US and Canada)

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