Laurelle Nob ConsultingLN ConsultingManagement · Organisation · Internal control

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Management reporting and performance

Give management accurate figures, at the right rhythm, in a form that supports decisions.

Many organisations produce figures; few have real management reporting. The engagement turns existing accounting and operational data into a regular, reliable and readable reporting system, built with management and sized so in-house teams can sustain it.

What the engagement covers

  • Diagnosis of current reporting

    Inventory of the reports produced, their delays, sources and manual reprocessing; identification of contradictory figures and their causes.

  • Choice of indicators

    Selection with management of a deliberately small set of financial and operational indicators, each defined in writing: source, formula, owner, frequency.

  • Dashboard construction

    Design and set-up of management reports (activity, margin, cash, budget) in the organisation's existing tools.

  • Budget monitoring

    Framing of the budget process, monitoring of actual-versus-budget variances and commentary notes for governance bodies.

The reporting cycle A loop: data collection, reliability checks, dashboard, decision, then back to collection the following month. Collection Reliability Dashboard Decision accounting andoperational data checks, reconciliations,corrections indicators chosenwith management documenteddecisions MONTHLY CYCLE each month's actuals feed the next month's reporting
The reporting cycle put in place on a typical engagement.

Approach

The same sequence on every engagement, from scoping to delivery.

1 · Scoping
Engagement letter, confidentiality agreement, data access and timeline. Scope and deliverables are put in writing before work starts.
2 · Diagnosis
Review of existing reports, interviews with management and teams, identification of the gap between the information produced and the information needed.
3 · Construction
Set-up of indicators and dashboards, documentation of sources and formulas, tests on real data.
4 · Handover
Training of the teams who will produce the reporting, a written operating guide, then a support period agreed in the proposal.

Typical deliverables

Dated, sourced documents, ready to use: for management, the board or the auditor.

  • Management dashboard

    A monthly or quarterly report, with written definitions of every indicator and analytical commentary.

  • Indicator definition file

    Source, formula, owner and frequency for each indicator: the reporting survives departures and absences.

  • Reporting production procedure

    The step-by-step operating guide, from data extraction to management commentary.

  • Budget monitoring note

    Actual-versus-budget variances explained, with documented alerts for governance.

Every engagement is framed by an engagement letter and a confidentiality agreement. Scope, timeline and deliverables are set before work starts; duration depends on the agreed scope and is stated in the proposal. This work is organisational and internal-control consulting; it does not include auditing, certification of accounts or statutory audit.

A first conversation, with no obligation.

In English or in French. Acknowledgement of receipt within 24 business hours.

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