If you think that developing reports for your organisation is expensive, then you need to know how much the following are costing you:
- Making decisions without factual information
- Cost of reactive decision-making because you don’t have access to real-time information or leading indicators
- Cost of inefficient processes because you cannot see where there are bottlenecks in the system
- Cost of manual manipulation of data and reports
- Cost of unnecessary discussions among the departments because all are guessing.
Estimate how much the above and many other similar issues are costing our organisation, and the cost of developing a report may appear much cheaper.