{"id":1086,"date":"2017-07-21T17:10:52","date_gmt":"2017-07-21T17:10:52","guid":{"rendered":"https:\/\/www.aiminsight.com\/?p=1086"},"modified":"2021-02-17T12:56:22","modified_gmt":"2021-02-17T20:56:22","slug":"difficulty-maintaining-accurate-data-reporting-models","status":"publish","type":"post","link":"https:\/\/www.aiminsight.com\/blog\/uncategorized\/difficulty-maintaining-accurate-data-reporting-models\/","title":{"rendered":"Difficulty Maintaining Accurate Data and Reporting Models"},"content":{"rendered":"<p><strong>Reasons<\/strong><\/p>\n<ul>\n<li>After data has been entered in GL, need to manually map your GL structure to the one used in the corporate reporting model?<\/li>\n<li>How much time does it take? Are there errors? Once mapping is complete, do you have to manually re-enter data from your GL?<\/li>\n<li>Need to manually re-enter key data from your sub sites into your corporate reporting model?<\/li>\n<li>Do users at remote sites re-enter data from local systems?<\/li>\n<li>How long does it take? Are there errors? What has been the impact of inconsistent data?<\/li>\n<li>Difficult to maintain an updated reporting model? How changes are made to the model? Add a new reporting unit? Change a formula?<\/li>\n<li>Manually make those changes everywhere in the model? How much time does it take? Are there errors?<\/li>\n<li>Some places missed? It gets changed differently in different places? What has been the impact?<\/li>\n<li>Communicate changes in the reporting model to all reporting sites?<\/li>\n<li>When you receive data from lower level reporting sites, how do you upload them to the main site? How do you distribute reports to different reporting sites? Is it a manual process?<\/li>\n<li>How long does it take? Does everyone get the reports needed on time? If not, what is the impact?<\/li>\n<li>Local sites need to maintain an additional reporting model for their local reporting? Do you require a build up of chart of accounts and reports different to the ones for corporate reporting?<\/li>\n<li>Often need to change reporting model, such as reporting structures? Need to consolidate and\/or eliminate according to different structures?<\/li>\n<li>How much time does it take? Are they ever made incorrectly? Or not in a timely matter? What has been the consequence?<\/li>\n<\/ul>\n<p><strong>Capabilities<\/strong><\/p>\n<ul>\n<li>Eliminate the manual mapping and data entry and reduce time and errors?<\/li>\n<li>Reduce time and errors during data capture?<\/li>\n<li>Maintain the model in one place, eliminating all manual corrections and ensuring the accuracy in your reporting model?<\/li>\n<li>ll changes to the reporting model are available online to all reporting sites immediately?<\/li>\n<li>Reduce the time spent on maintaining separate reporting models?<\/li>\n<li>Reduce time and errors in updating your reporting model?<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Reasons After data has been entered in GL, need to manually map your GL structure to the one used in the corporate reporting model? How much time does it take? Are there errors? Once mapping is complete, do&#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1086","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/comments?post=1086"}],"version-history":[{"count":2,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1086\/revisions"}],"predecessor-version":[{"id":1773,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1086\/revisions\/1773"}],"wp:attachment":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/media?parent=1086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/categories?post=1086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/tags?post=1086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}