The document summarizes the capabilities of the MYOB ProfitOptimiser financial software package. It describes how the software can perform what-if scenarios, undertake goal seeking, produce variance reports and budgets/cash flow reports. Several scenarios are provided showing how a manufacturing company could use the software to improve cash flow, profitability, return on capital employed and implement budgets.

1. Optimising Financial Performance Seminar Welcome to the

3. An Accounting Joke Three accountants are sitting in a sauna. Suddenly there is a beeping sound. The first accountant presses his forearm and the beeping stops. The others look at him curiously. "That's my pager," he says, "I have a micro-chip under the skin of my arm.“ A few minutes later a phone rings. The second accountant lifts his palm to his ear. When he finishes he explains, "That's my mobile phone. I have a micro-chip in my hand."

4. An Accounting Joke The third accountant, feeling decidedly low- tech, steps out of the sauna. In a few minutes he returns with a piece of toilet paper hanging from the crack of his butt. The others raise their eyebrows. "Oh, excuse me he says. I'm getting a Fax."

6. Stages of Accounting Collection Recording Summarising Analysing

11. “ The shift to new technology is the single most important factor behind businesses accelerating productivity and growth.” Merril Lynch R eport

12. Mind Stimulation Exercise

16. Let’s Take A Closer Look………….

18. The MYOB ProfitOptimiser Reporting System

21. To get a R eturn O n C apital E mployed Or ROCE Why go into business?

22. X Components of ROCE Measures Balance Sheet Management Revenue Net Operating Assets EBIT Revenue Measures Profit and Loss Management

25. How Do We Use MYOB ProfitOptimiser

28. Loan Financing

29. A Practical Loan Scenario Bank Reports Provided Numerous interpretive phone calls Paper based application submitted Client calls Bank to arrange loan Conditional Loan approved Accountant provides financial documentation

31. A Final Accounting Joke What’s the definition of an accountant? Someone who solves a problem you didn’t know you had in a way you didn’t understand at a fee you didn’t expect.

32. Questions & Answers

33. Thank You