Controlling

What is controlling?

Controlling is a part of company management that focuses on planning, monitoring, evaluating and optimizing business results. Its goal is to give management the information it needs to run the company effectively and achieve its goals.

Controlling connects planning with ongoing monitoring of actual results. It helps identify deviations from planned values, analyze their causes and propose measures for improvement.

What are the main functions of controlling?

Controlling covers several important areas:

• Planning: Preparing budgets, financial plans and forecasts.
• Control: Monitoring actual results and comparing them with the plan.
• Variance analysis: Identifying differences between planned and actual values.
• Reporting: Providing information to management and responsible employees.
• Decision support: Preparing data for running the company.

What is the difference between controlling and reporting?

Reporting mainly ensures that information and results are presented. Controlling uses reporting as one of its tools but also includes planning, analysis and managing variances. Reporting provides the information, while controlling uses it to actively manage the company.

How to digitalize controlling?

Modern controlling uses automated systems that connect data from different business applications, update reports regularly and analyze results in detail. Reporting.cz supports controlling through automated reporting, data analysis and comparison of planned and actual results.