From Financial Report to Controlling Cockpit in the Age of Digitalization

Paul Sidler () and Luca Gerussi ()

Chapter 15 in The Digitalization of Management Accounting, 2023, pp 231-242 from Springer

Abstract: Abstract In the past, there was a lack of up-to-date management information, planning was very time-consuming and not targeted enough, and reporting was not appropriate for the various levels. A few years ago, a transformation process was initiated. The following article describes the most important changes. For example, with the introduction of Advanced Budgeting, the entire planning process was significantly simplified, accelerated and made more effective. Using a driver-based approach, reporting was changed so that the previous key figures and management information were redefined and made available to management via self-service. Business processes were also simplified and lead times shortened. These and other measures have made a gratifying contribution to the significant increase in EBIT – while at the same time ensuring a high level of service quality.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-41524-2_15

Ordering information: This item can be ordered from
http://www.springer.com/9783658415242

DOI: 10.1007/978-3-658-41524-2_15

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().