In just three weeks, with the implementation of Reporting.cz, the client received an information base for the managers of local companies as well as for the management level of the entire group with updates on a daily basis. Most of the tasks associated with the seasonal and single-purpose formal compilation of financial consolidation have been abandoned, since most of the outputs and documents are now available on a rolling basis. The mechanical work and error rate associated with the maintenance of ever-increasing Excel files have been replaced by data processing and storage in DWH and online presentation of reports in a web application.
We are moving towards greater ability to analyze and use data in a timely and correct manner for support in decision-making and management. We have a lot of data, and as the development of non-financial reporting approaches, there will be more and more of them.
Trigema Investment Group is a Czech company focusing on residential development, as well as real estate fund, venture capital and leisure. Trigema builds its DNA on independence and responsibility for its own decisions. The activities he puts effort into mean more than just the numbers on the balance sheet — the projects matter to them. They have the courage to change the status quo and move things forward. Their ideas change the character of urban areas, give new life to abandoned places, bring unusual experiences: they create exceptional projects and a better space for living.
We asked to evaluate the experience of the cooperation so far Jakub Korf, group CFO and member of Trigema's board of directors. From his position, he is responsible for the Group's comprehensive financial management, development of financial strategy, improvement of internal control and financing mechanisms, as well as reporting to external stakeholders.
The project absolutely met our expectations. This was already so high, considering the very good references we received at Reporting.cz from KPMG.
The main benefit, and it is not at all far-fetched, for us lies in shifting the reporting of consolidated results of the Group and its sub-holdings technologically to 2023. For us, the implementation of the consolidation tool means, at least in one regular reporting and analytical activity, the abandonment of endless Excel spreadsheets and moving to the environment of a comprehensive reporting system.
In the implementation, two parties met, each of which was well prepared for its role. Reporting.cz with a fine-tuned product, experience and a clear idea of the level of cooperation and what data structure the client needs. And Trigema, with ready data sources (centrally implemented SAP system) and an assembled team that really dedicated itself to the implementation. The entire implementation went very smoothly and quickly, in about 3 weeks.
We are clearly moving towards greater ability to analyze and use data in a timely and correct manner for support in decision-making and management. We have a lot of data, and as the development of non-financial reporting approaches, there will be more and more of them. We just don't know how to use them properly. Everything is “just “about displaying the right data appropriately, in the right way and at the right time. We aim to gradually integrate data from a variety of sources into a single reporting platform to support us in this effort.
One of the closest challenges so far is the difficult-to-grasp ESG reporting. Detailed monitoring of performance related to construction production, planning, project finance management and last but not least reporting related to rental housing, which is becoming one of the trends of today.
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Přečtěte si o tom, jak reporting může změnit váš byznys.
We would like to invite you to surf together with Reporting.cz. For this year, we became partners of the Czech-Slovak Cup in River Surfing, a sport that is still building its tradition in our country. The Prague race will take place this weekend, 25-26 May 2024, and you can see it directly on the Vltava at Štvanica.
We are pleased to announce a new partnership between REPORTING.CZ and Green0meter.com, which brings comprehensive data services combining traditional areas of financial and performance KPI reporting with non-financial ESG sustainability reporting.
Dentamed is the market leader in complex products for dentists. Read in an interview with its director, Luďek Rudovský, how data reporting eases the way to fulfill the mission, help dentists be more successful and grow their business.
Nechte nám na sebe váš e-mail. Budeme vám reportovat jako první.
REPORTING.cz, s.r.o.
Zirkon Office Center
Sokolovská 131/86
Praha 8 - 186 00
IČ: 24248991
DIČ: CZ24248991
Společnost je zapsaná v obchodním rejstříku vedeném Městským soudem v Praze oddíl C, vložka 197204.
Ochrana osobních údajů (GDPR)
REPORTING.cz, s.r.o.
Zirkon Office Center
Sokolovská 131/86
Praha 8 – 186 00
IČ: 24248991
DIČ: CZ24248991
The company is incorporated in the Commercial Register administered by the Municipal Court in Prague, Section C, File 197204.
Data Protection (GDPR)
