Dynamic markets are creating shorter lifecycles for business models. In addition, stricter regulations and technical advances are forcing companies to adapt their structures. As the sources of information, finance departments and corporate management teams are becoming correspondingly more important in the decision making process for setting the strategic direction of the business. Decision makers require targeted information and reporting must be able to react quickly to changes in the business model.
hese requirements increase expectations on management, on controlling and on IT as decision makers or suppliers of information. Only through the complete supply of information and the quick and structured provision, preparation and analysis of the relevant data can costs, service and results performance be sustainably improved and become an effective control mechanism.