Data and Analytics

One way to progress regarding Decision Support and Analytics is to fix the Data Reliability Root Causes with a ”Single Source of Truth” for operational and functional usage for example:

  • Creating a Repository of all Legal Entities, Sites and Management Structures to be used for all Accounting transactions, Statutory and Management Reporting as well as for Decision Support will avoid a lot of Reconciliations and Adjustments and allow Stakeholders to focus on Actions Plans instead of spending time in challenging the Accuracy of the Information provided.