We are better thanks to the management reporting system!
The new reporting system proved useful for both top management and specialists.
We don't waste time on a report for the board of directors.
Previously, it took a month, but now all the data is pulled automatically from the summary table. At the meeting, you can open it, analyze it and see the details for any item of expenses and income.
Not only the project team's time is counted, but also the time of all employees who participated in the provision of the service. The time of employees of other departments will also have to be purchased. The departments themselves will set the price and time. If the work is completed faster than expected, the department makes a profit. If slower, it pays for the hours from the department's budget. The money that the project team pays for the services of internal specialists is virtual. These amounts are simply recorded in the report. At the end of the month, we look at how each department and team worked: how much money was spent, how much was earned.
We can evaluate the effectiveness of teams
Management sees which team is better at handling portugal consumer email list certain services. There is a quality indicator for each service. The most common ones are deadlines, budget, and number of approvals.
Predictive financial analytics has appeared.
It has become possible to influence departments: draw conclusions, make assumptions, for failure to fulfill the plan.
We plan finances with an accuracy of up to a week.
Based on data for five years, we began to take into account the seasonality of expenses and income.
Managers control the percentage of their salary.
The manager sees how much he will earn and can plan the work in such a way as to influence the bonus. Such a system allows hiring higher-level specialists and motivating them. The company no longer "punishes" managers with unpredictable bonuses after the fact, but shows the possibility of getting money.
Founders can withdraw profits from turnover
No need to live on one salary anymore. Now we plan for losses and calmly withdraw money when necessary. Thanks to the new reporting, we can invest money in other Kompleto projects and not be afraid of harming the main business. There are funds to launch web services for content marketing, comments on social networks and internet marketing audit.
The reporting is detailed by hours
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