Read how the quality and value contribution of management reporting activities at a global manufacturing company can be analyzed, benchmarked, and improved. Based on our illustrated benchmarking process the process efficiency, the reporting relevance, reporting volume and the cost/benefit ratio are identified as weak areas with major improvement potential. For these weak areas, improvement recommendations are illustrated and outlined.
Further optimization can be reached in a changed company set up using controlling shared service centers. The paper is expected to have high relevance for multinational companies seeking improvements in their management reporting activities.