Efficient data management in controlling
In the modern business world, precise and consistent data lays the foundation for sound decisions and successful strategies. It plays a key role in controlling, because the indicators calculated in this context are vital for managing and evaluating a company’s performance. But what happens when the figures for a given indicator vary in different reports, despite being based on the same data? Confusion, inefficient processes and, in the worst case scenario, wrong decisions. AMAG’s Controlling department engaged with the topic of efficient data management at an early stage. In 2012, it introduced LucaNet: a system that facilitates centralized access to indicators.