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BI dimension of controlling

As part of its activities controlling involves all functions of the company. Therefore, controlling tools and methods should be selected individually for each company, depending on the industry, business profile and the areas that management plans to take control on.

Appropriate design of a controlling model is a challenge during which you have to honestly seek answers for many questions.

Controlling tasks:

  • Planning period setting,
  • Setting target for the period,
  • Strategic plan development,
  • Business plan development,
  • Monitoring of the plan implementation,
  • Preventing and corrective actions,
  • Objective achievement.

Functional areas

Controlling provides information about the entire enterprise. Therefore, outside the financial statements, it can be used effectively in the management of values associated with the production, sales, logistics, human resources and marketing. The goal is to meet the expectations of all company areas and optimize all activities efficiently. It would not be possible without help of intelligent IT solutions.

 

Tools supporting controlling departments

In practice, there is a few dozen controlling methods. Business Intelligence software supports all of its methods – from the plan preparation, costs allocation, analysis of the implementation to preparation of the consolidated management reports. IT solutions can make analysis of the data very accurate, including methods of what-if.

It is possible thanks to implementation of very sophisticated algorithms or econometric models usage.One of the advantages of controlling IT tools is the fact that thanks to them controllers don’t need to waste time to prepare, eg. standard periodic reports which allow to deal with the substantive analysis of the data presented, so that the quality of management information is really gaining in value.

Proposed by Comarch Business Intelligence solutions help solve problems at controllers work, such as:

  • Data uniform classification,
  • Systematized presentation of data,
  • Data consolidation,
  • Costs allocation,
  • Budgeting,
  • Forecasting,
  • Balanced Scorecard,
  • What-if analyzes,
  • Analysis of historical data,
  • Analysis and ad-hoc reports,
  • Design and implementation of a controlling central model,
  • Early Warning Systems,
  • Speed and quality of the information supplied,
  • Presentation of reports on mobile devices.
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