Developing Profit & Loss Reports to Improve Visibility
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Developing Profit & Loss Reports to Improve Visibility

Financial management systems are designed to measure and report business performance, but sadly, most systems fail to add value. Evidence of failure arises when one sees:

  • A plethora of detailed, system generated reports that have varying levels of adoption across the organization
  • Requests of finance for further ad hoc analysis before management can make important decisions
  • Slow reaction time to operational, competitive or strategic issues as they arise
  • An inability to pinpoint performance issues using management information


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