Pain Points
- One point dashboard not available for senior management for specific reporting needs
- Delay in decision making due to lack of key financial information
- Different reporting formats for holding and subsidiary companies
- Accounting teams too busy with transaction processing functions
Step1:
Discussion with Senior Management on Specific Reporting Requirements
Step2:
Identifying data points within the organization for inputs required
Step3:
Proposing Draft Reporting Format
Step4:
Management feedback and iterations
Step5:
Disciplined periodic reporting to help decision making/ compliance