What is Management Reporting?

Management reporting systems, as the phrase suggests, captures all data by a company’s manager in order to run the business. For the smooth running of a business, data needs to be collected by using a management reporting system, especially…

Tips on how to Improve your Financial Reporting Process

Production of informative financial reports for both internal leaders and external stakeholders is becoming more difficult each year. The data workload from several departments within a system is really increasing for the financial reporting…

5 Elements of an Effective Safety Management System

Every organisation, company, or business must take Workplace Health and Safety Management Systems (WHSMS) seriously. Why? An integrated WHSMS can drastically decrease the chance and consequence of incidents occurring. So, WHSMS are crucial for…

Why ERP Projects Fail

ERP (Enterprise Resource Planning) projects should be an important segment of every successful business. They will help you reduce cost and streamline processes while providing visibility in operations which is crucial for making sound and fast…

What is a Project Manager and What Do They Do?

The practice of planning, executing, controlling, and closing a project is known as project management and is one of the crucial segments of running a successful business. Hence, the role of a project manager is of the utmost importance for…

Why Project Management Matters – What are the Top 3 Benefits of Project Management?

Business management isn't always as simple as it sounds! However, with the help of Latitude 12 and their business management solutions, you can definitely grow your business and take it to the next level. Latitude 12 is one of the best business…

Risk Register Template-The Benefits of a Standardised Approach

One of the key elements of growing a successful business is being able to identify and understand risks. In order to do so, you should seriously pay attention to risk management. Luckily, there's a pre-made Risk Register Template that will help…

What are the 12 Key Elements of a Project Risk Register Template?

Running a successful business requires lots of time and effort. However, with the help of a Project Risk Register Template, a handy tool to quickly and easily carry out a full risk management process, and Latitude 12, a business management agency…

What is Management Accounting?

As a business owner you should know that management accounting involves providing and preparing timely statistical and financial info for business managers, so they can make daily and short term financial decisions that will be best for the…

Tips for Growing a Successful Business

Today, flexibility and great planning and organisational skills are key to growing a successful business. However, building successful business from the bottom up is actually a lot more difficult and challenging than most people think. But,…