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Reporting Tool Time


By Adam Smith



Using a reporting tool is paramount to the success of any management team. A good reporting tool delivers information in such a way that value is created through better understanding of the information. When management is able to understand information better it allows them to produce a thorough and informative management report which lower level managers receive. For instance, let's take a look at the financial reporting process and explore how top level management passes this information on, in the form of a management report, to managers at the operational level.

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When a financial management team is working on financial reporting, they undoubtedly