Controlling & reporting: drive decisions with real-time data
Controlling and reporting is the gathering, distribution and – most importantly – use of information to evaluate the performance of different organisational resources and processes – such as sales, operations, human capital finance – in light of business strategies. The key objective is to provide insights in support of profit management by the business.
In any modern business, there is a staggering amount of information ready to be transformed into actionable insights. To unlock its value, you need to determine exactly what data in which form needs to be made available to whom in the organisation. Next-level controlling and reporting, alongside insights like cost to serve, provide you with clear storylines that illuminate the way forward for your business.
Controlling and reporting is part of ‘data consumption’ - the last step in the data and analytics process, following data capturing, management and modelling. It concerns only the bare facts, leaving interpretations and next steps to human agents (vs. algorithms or AI).
our three-waves approach allows you to create clear storylines from bare data - improve efficiency, boost effectiveness, create value
Break the silo mentality
Leaving out all data that is irrelevant to a specific department can create a ‘silo mentality’ in which everyone is solely focused on their own targets. The result is a lack of ownership that can greatly damage the company.
Cost to Serve
Using the Cost-to-Serve Approach can prevent organisational silos. Simply put, cost to serve analyses all the resources a company needs to bring its product or services to their customers.
This will gives a clear view across departments of how they influence each other and, eventually, the bottom line. This way, cost to serve can help determine concrete actions that will improve processes, lower costs and have a beneficial, end-to-end impact on the entire organisation.
Bring the right real-time data to the right person
The right data needs to be provided to the right person in the organisation. The end goal of controlling and reporting is to keep data as clear, concise and up-to-date as possible to allow responsible parties to determine the next steps required to improve their KPIs.
How we can help you
Using our three-wave approach to controlling and reporting, delaware enables you to distill clear storylines from bare data.
1st wave - efficiency: our experts help you optimise operational aspects of accounting, budgeting, costing and financial and operational reporting.
2nd wave - effectiveness: we introduce cost to serve, fast and soft close, driver-based modelling and management reporting. To determine which reports are important to whom, we set up a proprietary responsibility and accountability framework (RAF).
3rd wave - value creation: we help you implement automated solutions, integrated business planning and performance reporting.
Whether your business is new to next-level controlling & reporting or have already taken the first steps, our experts can help you turn data into actionable insights. As seasoned finance, controlling and ICT consultants, we can simultaneously identify business needs and link these to the right technological solutions.
Why choose delaware?
- Our down-to-earth outlook inspires companies to set up a successful strategic roadmap in a substantiated way:
- We take a proven, agile, structured approach
- We offer end-to-end solutions
- We collaborate closely with your team
- We have over 15 years of experience in data analytics, in support of decision making across numerous industries