GLW Analysis Services for internal management reports

SOFTWARE --> MAF FEATURES

MAF Software is a unique spreadsheet system used to generate internal management reports for organizations. Site visitors may like to compare our report examples with their own internal management reports.

This software consists of a data framework to provide regular, relevant and reliable reports for business entities.

Requirement	MAF
Prime objective is business reporting	Yes
Range of data included: technical and financial	Yes
Relevance: brief summary of whole picture	Yes
Information is shown in context of time	Yes
Prompt	Yes
Frequency: monthly, with alternatives available	Yes
Reliable	Yes
Comparison of actual and norms (budget, target for last year)	Yes
Clarity	Yes
Easy to audit	Yes

Following are some of the particular features and benefits of the MAF system:

Past, current, and future time periods are covered in one report.

The system is easily adapted to other time periods: weeks, or years.

Forecasts are generated automatically from the latest actual data.

The system is kept simple as possible; no macros, no Visual Basic.

Data controls cover both arithmetic and reasonableness checks.

A common data base is used for different reports (eg management & tax).

Efficiency: automatic summary each period of current period result, periods to date, and updated forecasts.

Flexibility in format: use of graphs, tables and text.

Check lists are included to ensure good quality control standards.

Key operational data can be included: not only accounting data.

User impact: standard reports include one page of key indicators.

The author will provide a reasonable level of email assistance and advice to users during the first year of the licence term. (Additional support, and support after the first year, is available for a fee. Please contact us for details).

This software consists of a spreadsheet into which data is fed on a regular basis.

The spreadsheet collates the data by category and then produces reports to summarize actual and forecast performance. In the case of an SME, the software can be used as follows:

Prior to beginning the year:
	Update strategy
	Decide on objectives and key data indicators
	Decide on report format
	Set up spreadsheet
	Set up data controls
	Input opening balances
	Input budget /targets
	Input forecasts

Each period for reporting:
	Input actual technical data
	Input actual financial data

MAF SPREADSHEET
Data controls regularly check the data
Automatic report generation

Periodic Management Reports
	Operations data	key results and forecasts
	Financial data
Annual Management Report
Next Year Budget/Target

The following responsibilities and flow of report information are envisaged:

Operations & Clerical Staff	Accountant, Corporate Planner, or Economist	Chief Executive and Directors
Sales, production, data, inventory, cash receipts, cash payments, assets & liabilities, personnel data	Journal entries, ledgers, forecasts, analysis, plans & budgets, reports	Policies Authorisations Reviews