Management reporting is reporting that provides decision support to management on both financial and operational functioning. Some of the benefits of management reporting are as follows;
1- It reveals the current status of the processes / departments and the progress of their development.
2 - Provides the opportunity to compare ourselves with competitors.
3 - Facilitates the identification of development areas.
4 - It enables managers to accurately evaluate company key performance indicators.
5 - Facilitates making the right decisions at the right time.
6 - It enables strategies to be developed faster and more accurately.
Meetings are held with senior management and department managers and the required reporting content is determined.
Performance indicators are determined in accordance with company targets and strategies.
Report inventory and reporting period are determined in line with the determined performance indicators and the needs of senior management.
Uninterrupted flow in reporting is ensured by determining which reports will be received from which units.
Dashboards that enable focusing on the right parameters and making the right decisions to improve performance are determined.
A quality management report is created for senior management with a standard and simple data format.
Management reporting is reporting that provides decision support to management on both financial and operational functioning.