Clean up and structuring of transactional data for better business reporting
Student name: Ms Akanksha Chopra
Guide: Dr Manipadma Datta
Year of completion: 2012
Host Organisation: Religare Enterprises Ltd.
Supervisor (Host Organisation): Mr Gopala Subramanium
Abstract:
Management Reporting
Management reporting is the process of providing management with timely, accurate and relevant information
to assist it in taking strategic and operational management decisions. Timely and effective management
reporting help organizations in:
• Improved decision making
• Improved management effectiveness
• Increased confidence in the quality of management decisions
• Improved responsiveness to issues as they arise.
Developing management reporting structures and formats are fundamental elements in providing management
and staff with appropriate, accurate and timely information. Reports provide information on various business
aspects, for example, a report on recurrent revenue gives the monthly forecast of the recurrent revenue and the
statement of actual recurrent revenue.Under Management Reporting System various returns and statements are
compiled for submission to the management at different levels including top management. In order to facilitate
the quicker compilation of these reports/statements, different cost centres are codified.
Reports form an integral part of any organization as they guide in anticipating the yield of the business in the
long run. Reports are an important base that helps in taking critical decisions about the progress in future. Thus
it becomes very important to understand and analyse the reporting needs of the organisation and create
spreadsheets accordingly reflecting all the required details. These spreadsheets are updated on a monthly or
quarterly basis and e-mailed to the central office, where they are consolidated into a master spreadsheet. A
managed report gives clarity in decision making and uplifts the business However, things can become messy
and chaotic if reports are not properly named and are inaccessible when required.
Fund Management
Fund management is management of inflows and outflows of funds of the company and ensuring that surplus
funds are timely invested. It attempts to match the cash flow needs of firm against maturity schedule of its
deposits as loan demands increases or decreases. Its aim is supplying funds sufficient to meet the firm’s asset
growth objectives at the lowest funding cost and at acceptable levels of risk (credit risk, liquidity risk, and
interest rate risk).
