Management reporting is the process of obtaining and monitoring the received data. This is necessary to make the right decision in certain types of issues.
This process is a description of productivity parameters to ensure that managers and other management personnel make important decisions.
Finoko uses several forms to provide management reporting:
- regular report;
- schedule report;
- reporting chart;
- information panel.
The listed reporting forms are intended for the formation of separate business branches, which include sales, marketing moves, logistics, personnel management and much more.
The information contained in the reports is collected from various sources and systematized. Their main task is to create a complete picture of the state of the business in order to avoid making mistakes.
Existing types of management reporting
Finoko presents several types of management reports in order to improve the efficiency of entrepreneurs:
- financial. They create a common understanding of the state of the financial component of an enterprise or company, help to compare expenses and income, track the movement of financial flows, etc.;
- operational. This report highlights the day-to-day operations of the company. Thanks to them, management can monitor the nature and direction of sales, the amount of inventory, etc. They help to improve business operations;
- marketing. These reports directly relate to doing business: marketing moves, social media activity, investment efficiency, etc.;
- personnel. They contain information related to the productivity of the staff. They help to plan the training and development of personnel to ensure the productivity of the enterprise.
With Finoko, you can create all kinds of reports that will help you establish and run a business efficiently.