Mediator Revenue and Expense Tracker (MeRET™)
Running a business without real-time visibility into its financial performance is like driving down a freeway with your eyes shut. Suppose you have a succession of extremely satisfied clients, and suppose you’re in such demand that you must place new clients on a three-month wait list. Evidently, you’re providing a quality service that clients value. But if your business is losing between $2000 and $2500 each month, your mediation practice isn’t sustainable.
Financial management begins with tracking the financial performance — specifically, developing a sense of money received from clients each month (your revenue), costs incurred (your expenses) to serve those clients, and how much profit you’re making (the difference between your revenue and your expenses).
Mediating for Money: A Field Guide for Professional Mediators includes a
MeRET was developed specifically for
tracking the financial performance of a mediation
SCREENSHOTSSummary Screen | Receivables/Revenue Screen | Expenses Screen
Monthly Revenue Screen | Set Up Screen Click on the links and use the scrollbars above to explore the five MeRET screens.
Simple, efficient, and convenient: record all revenue and expense transactions in a single file.
Functional: track, revenue, expenses, operating profit, and taxable income.
Ease of use: no unnecessary bells and whisles; just enter revenue and expense items in the grid as indicated and let the program do the rest for you automatically.
Specialization: unlike generalist financial applications that require extensive configuration/customization, MeRET™ is exclusively designed for mediators.