SME Macroeconomic Risk for Android
The objective of MERA is to provide SME's a self assessment tool to score and manage macroeconomic and event risks that impacts the profitability and growth of SMEs. These risk factors pose challenges and offer opportunities presented by rapidly changing business conditions and market dislocations. MERA sizes macroeconomic and event risks; allowing users to initiate actions to mitigate threats and initiate actions to capitalize on the opportunities volatile business cycles present.
This app offers a self assessment framework for users to score risk clusters that are often overlooked by SME business managers.
The National Federation of Independent Businesses (NFIB) details over 75 macro risk factors confronting SMEs. MERA includes these factors as well as others for assessment consideration. Users may also enter user defined factors. Risk factors are color coded and grouped in 10 Problem Clusters. That include:
costs
competition
employees
finance
information
management
public service/ responsibilities
regulation
taxes
technology
MERA 2.3 includes a series of 70 Key Performance Indicators (KPI) for SMEs.
The KPIs are grouped into 5 areas.
Best Practice Indicators
Employee Indicators
Product Indicators
Financial Indicators
Corporate Matters
MERA's rating scheme allows users to score risk factors and its impact on business. Users define actions that will mitigate risk factors, estimate capital investments required to address risk and calculate a ROI to determine project priorities, funding requirements and expected returns.
MERA aggregates and scores macro enterprise risk , aligns actions and capital investments required to mitigate aggregated macroeconomic and event risk factors confronting the enterprise.
Android users require the use of Mobile Office. Many Mobile Office conversion apps are available for download on Google Play. A PDF reader and a Zip File Manager are also required to use this app; also widely available for no charge on Google Play. The app directs users to a Drop Box to pick up a zip file.
Sum2 does not collect or store any data entered into our Mobile Business apps. All data entry is done off line.