Insights

The member firms of Cordence Worldwide make waves. Browse through our white papers, media, and perspectives.

  • Management Reporting

    01 December 2014
    Horváth & Partners, Member Firm (Germany)

    Not only insurance companies have invested millions in reporting – unfortunately rarely successful. A renewed interest in the topic of reporting was developed in the course of Solvency II, pillar 3 and the technical possibilities of mobile reporting. The past mistakes show: economic concepts make the difference, not technology!

    The Horváth & Partners CFO-Panel 2012 proves that reporting indeed accounts for the majority of costs in controlling, but is rarely effective. The magazine “Impulse” summarizes: “Entrepreneurs and CFOs no longer understand their own financial data. The reason: poor preparation of data material! There is a need for more future orientation, timelines, processes triggering actions and clarity!”.

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