What metrics do you use? Advacon’s approach to Controlling Optimization reviews the quality of your financial control systems and reports in the context of your particular business segment and division. Jointly we will develop suitable KPIs. As outcome we establish a clear-cut reporting system. By using this specified and structured cockpit your business can retrace and understand trends, position you to intervene in a timely manner when deviations of plan occur.
- Analysis and evaluation of your current reporting system
- Review of the organizational and functional design. Recommendations for redesign if necessary
- Design of a meaningful performance measurement system and reports to enable efficient controlling
- Introduction of a well-defined planning structure
- Introduction of key decision metrics to manage the daily business
- Implementation of a cockpit with traffic light function and defined bandwidth for deviation