|  Management reports possess the characteristic of elucidated “performance portfolios” maintained by a project manager fulfilling the duty of edifying the higher administration. It enlightens the top managers with the present state of the project in the light of the desired state. It is here where the significance of this report is carved in for it gives one the opportunity to analyse periodically the degree to which an objective has been attained. An organization strives to keeps its project goals direction-focused and progressive Continue reading Management Reports [...]  The benchmarking is done once a year or even once in two years. It is a rare process, and aim of it is to compare performance of many companies. Comparison is made according to defined standard of benchmarking experts and very thoroughly. Since many companies are compared and analyzed, essence of comparisons are naturally performance indicators from their Information Reporting Systems. Each company has its own unique environment, its own unique Information Systems landscape, and mostly its own decisions and methodology of performance indicators. It is an illusion to expect prepared and standardized data from different companies. Continue reading Benchmarking Information Feed [...]  Is it possible to implement required reporting for new rolling marketing product? There is a huge chasm between implementing marketing product and required reporting. Before technical solution and technical implementation of new product it is not possible to foresee level in every detail of possibility to have reporting or not. If even slightest detail does not exist, report will not be created and additional information structure needs to be generated. Continue reading Marketing Products and Business Intelligence Reporting [...]  Planning, reporting, consolidation and Master Data Management (MDM)… What comes first and implementation plan matters? It does, but also if you’re aware of danger can be counted before. Continue reading Scheduling of software implementation matters [...]  If performance management harmonization of finance and business is made through Business Intelligence modules with just more specialized functionalities it is than really Holy Grail, pure Utopia. If approach is different, made from decision making side and with involvement of basic rules for dealing and interpreting vast numbers of figures then Continue reading Holy Grail [...] REPORTING RESPONSIBILITIES If there is no obligation to present figures and to be responsible for them nothing in structure of complex reporting will fit accurately. Those that are not responsible for presenting figures do not prioritize structures and values. It’s not their task. Task is usually in hands of people who do not have view Continue reading Reporting responsibilities [...] Its a challenging task to include existing ERP reports into independent solution for reporting and planning purposes like DWH/BI or even Financial Business Intelligence. Challenge raises as reports are more complex and are very customized. There are more reasons to place data from ERP to DWH like: reports need to support combination of financial and non financial kpis; faster reporting better data analysis functionalities and similar… Continue reading Business Intelligence Reporting Risks [...]  Does who did not participate will be little bit puzzled but war and business logic have something very in common. When I was in war in Croatia and on the front line with enemy I’ve spotted something weird. Psychology of civilians and warriors in front of enemy was much different then those who were 150 km Vukovar, Eltz, 1991 war in Coratia Vukovar, Eltz, 1991 war in Coratia away from enemy line. On front we knew where enemy was and what was going on. Situation was under control. Behind front lines people developed irrational fear and tended to override stories that came from front line. More fear was behind of line then on line where battle actually is. Continue reading DWH psychology comaperd with War [...]  Are you going to listen to experts who never delivered materials for the board or supervision in huge companies? Have they ever delivered plans, reports, budget, business cases, comments. Were they ever on conference or video calls with board members to explain to defend presented materials and to explain what is wrong with figures? Well, in those situations you’ll see how business intelligence explanations from consultants and IT are not enough and how different kind of business intelligence knowledge is very important. Continue reading Afraid of Business Intelligence Experts [...] Excel loves controlling and controllers (comptrollers) adore Excel mostly due to its superb functionalities. It is love in both way, pure chemical reaction. Therefore Excel is very often used in Controlling processes like planning, reporting and forecasting, budgeting and many more. Yes Excel and Controlling are tightly connected and often wrongly percepted by management and by IT. Continue reading Excel in Controlling [...] | It is all about...
Business Performance and Profit Boost!
...by understanding corporate information. |
