SERVICES AND PROJECTS

General | Services and Projects | Tools

Calculation and reporting audit

We perform audits on calculation and reporting systems. These service packages include a comprehensive check of the data flows, data quality and meaningfulness. It is quite common that these audits reveal problems that need attention.

The end result of an audit is a document outlining the findings and recommended actions.

Calculation and reporting projects

Developing reporting or calculation is usually best to start with a fast pilot project. This way it is possible to get actual results fast and then use the results to plan the next actions. The aim of a pilot project is to quickly provide the calculation results or new reports – not to create an information system. Of course the first draft of the information system gets created on the side.

After a pilot project it is possible to create more accurate plans for a project that will bring the new calculation principles or reporting methods into active use. While the main emphasis of a pilot project is on the calculation results or reports, a project aiming at a system for continued use will focus on making the entire process as automatic as possible. The time of Your people is too valuable to spend on creating the numbers when they could be analyzing the numbers to get true value from the new information.

In practice the data in ERP systems is seldom usable for reporting or calculation purposes. Data must be combined, harmonized, modified etc. This means that projects aiming at a continued process will include a data warehouse between the ERP and reporting interface.

Management Accounting and Reporting as a Service

The routine of producing management accounting and reporting information often requires very specific understanding of both management accounting and IT. This expertise is not always available in an organization and is often hard to acquire. Cox offers the option of purchasing management accounting and reporting as a service. This reduces Your fixed expenses and eliminates the concern about key resources switching jobs.

Our consultants are working daily with the calculation and reporting challenges and we recruit people with the specific profile of being able to understand both business and IT. We are happy to support our customers in their reporting routines and will tailor a suitable package for Your needs.

On the furthest end of the service spectrum we can provide a service package starting from the first pilot project and make sure that You get the reports You need when You need them for an agreed monthly payment. Contact us and we will find a solution most suitable for You.