Mercury | What is variance analysis
Startups are constantly seeking ways to improve their business's efficiency and profitability. Variance analysis is a powerful tool that can help you do just that.
Variance analysis is like a financial health check-up, allowing you to identify discrepancies, understand their causes, and take corrective action. That way, you can better understand your company's operations and make smarter business decisions.
In this guide, we’ll dive into what variance analysis is, why it's important for startups, and how you can implement it in your financial reporting process.
