What is the importance of management reporting?
Reporting for management provides insights on how the organization is doing, empowering decision-makers to find the right path to increase operating efficiency and make pertinent decisions to remain competitive. To do so, many companies use professional management reporting software.
What are the types of management reports?
Oral Reports:\n\n Oral reports are mostly presented at group meetings and conferences with individuals. However, the written reports are always considered as the most appropriate basis for important managerial decisions.
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