Good reports provoke actions
At Braincourt, we refer to “reporting” as an umbrella term for standard or ad hoc reports that provide quantitative and qualitative information as charts or tables.
Reports should deliver value – and do when they meet these requirements:
- Adding insight to a certain area of the company or the company as a whole
- Promoting a high level of integration with data, processes and subject matter
- Separating management and legal reporting
- Ensuring timely processes, knowledge gains, actions and reactions
- Supporting automated, flexible “processes” (e.g. comparative analysis)
- Standardizing IT, processes, reports and report content
- Simplifying reporting and analysis
- Improving analysis by adding new functionality, adding qualitative to quantitative information, etc.
- Enhancing communication by adding comments, etc.
Most of all, reporting must be reliable. If controlling and reporting teams want to build trust and a solid reputation within the company, their reports and analyses must be based on dependable, high-quality data.
At Braincourt, our solutions help minimize the time and effort involved with creating and publishing reports. We also ensure that tables and charts remain consistent after publishing and clearly highlight interesting variances for better readability. By adding qualitative information in the form of comments, for example, report authors can better explain the background of the presented business developments.
We feel that the quality of a report depends on the relevance of its content for management and control activities. Other decisive factors include the quality of the underlying data as well as the design of the report and its elements.
