The quality of enterprise management is largely determined by the efficiency of decisions made by top-, middle-, and first-level managers. To make informed decisions, managers must regularly receive reliable and up-to-date information.

• Reliable information minimizes or eliminates distortion.
• Up-to-date information ensures relevance, as outdated data holds limited value.
• Regular availability ensures managers have access to the necessary information daily, not sporadically—such as weekly, monthly, or quarterly.

Management reporting is most effective and informative when it adheres to the following principles:

• Data is provided regularly, following standardized acquisition and classification rules.
• Reports include comparisons against planned KPIs and, ideally, benchmarks such as industry averages or competitors’ KPIs.

For large enterprises, production associations, and holdings, ensuring the reliability, timeliness, and consistency of management information is especially critical. These organizations often include multiple geographically distributed and independently managed subsidiaries, which makes effective information management even more challenging.

CONIM management reporting systems are an excellent tool for collecting and processing data in such complex environments. They present the information in a format optimized for decision-making. Furthermore, modern management information systems enable complex computations that are impossible with traditional methods, enhancing the decision-making process.