ActionPath turns your FHR insights into a practical improvement plan. This guide helps you create a data-driven roadmap that demonstrates your commitment to financial excellence, builds stakeholder trust through transparency, and sets measurable targets for progress. It’s not just about understanding your financial position—it’s about having a clear plan to improve it.
ActionPath Fundamentals
ActionPath organizes your improvement journey into five connected elements:
Goals – What needs improvement
Strategies – How you’ll address those goals
Implementation Suggestions – Detailed execution suggestions
Targets – Measurable objectives
Projected FHR – Expected impact
Step 1: Financial Goals
ActionPath automatically highlights financial areas for improvement based on your FHR analysis. Each goal includes a priority level—Critical, High, Medium, or Low—and recommended strategies.
Where to start: Focus on Critical and High priority goals first. These deliver the greatest benefit to your FHR.
Step 2: Select Strategies
View strategy to see details and begin building your plan. You can (and often should) add multiple strategies to your ActionPath to address different aspects of your financial health.
Step 3: Define Your Implementation Plan
Each strategy presents up to nine practical suggestions to help execute the strategy. Select those most relevant to your situation. These become your actionable items. You can also add any other comments or notes.
Step 4: Set Targets
Set your financial ratio target using benchmarks as reference points. The system shows your current performance, high-risk average, low-risk average, and a reasonable target suggestion.
Target setting guidance: Balance ambition with realism. Your goal should stretch performance while remaining achievable given your capabilities.
Step 5: Review Your Plan
The summary screen shows all selected strategies and their combined impact on your FHR score. It displays three key metrics:
Current FHR Score: Your starting point
Example: 51 – Medium Default Risk
Expected Improvements: Combined impact of all strategies
Example: +15 points
Projected FHR Score: Where you could reach
Example: 66 – Low Default Risk
This projection shows the theoretical end state if all strategies are successfully implemented, providing powerful context for planning discussions and realistic expectations about potential impact.
Best Practices
Start with Critical and High priority items.
Combine complementary strategies for better results.
Set realistic targets using insights from benchmarks.
Keep your plan updated as progress is made by uploading new financial data
Share your plan with stakeholders to show commitment.