The purpose of board and management information models is to provide strategic and operational information which serves to control the business and to support the decision making process. The underlying concept is derived from the value chain and the business model of your company. On this basis consistent information flow from the posting of a transaction to the key figures in your executive report is ensured.

In addition to these basic requirements, cfoXpert's management information models cover further aspects:

• Integrate financial and non-financial information from all units and functions

• Ensure consistency of information reflecting business goals, management responsibility and individual incentives with each other

• Provide scalable information from the same database for boards, top executives, functional heads and controllers

 

 

For board members two additional topics need to be integrated in the board & management information model for legal reasons:

• Strategic controlling solutions

• Risk management concepts