Management control is not only a matter for large companies. SMEs and even small businesses can also benefit from it, allowing them to focus all kinds of effort (investment, staff, additional working hours, etc.) on what really matters.
In other words, management control frees up resources used on lower-value tasks, improving efficiency, effectiveness and profitability. A well-designed and well-implemented management control system shows you exactly where your business's lack of profitability comes from. It may simply be that several of your products are not achieving enough sales and are weighing down overall results. In that case the solution may be straightforward: changing how the product is manufactured, promoted or distributed, changing the pricing policy or, if necessary, withdrawing it because it is not profitable.
Management control also shows you, for example, which member of staff is making the most sales in your shop and is therefore the most productive. That person can then be rewarded or, where appropriate, the rest of the team can be encouraged to adopt their working methods.
At EGALTIA we design management control systems. Our aim is to significantly reduce the effort our clients spend on business reporting.
With our support, our clients can make decisions with greater confidence.
At EGALTIA we offer each client a personalised, individual service to understand their needs and support their decision-making; we see no other way to build a management control model that genuinely supports decisions.
With the management control system we apply at Egaltia, we focus decisions on both an operational and a strategic model.
From an operational perspective, we analyse sales, purchasing and staff performance to determine the company's profitability, margins and performance, with a view to maximising our clients' profits.
We work with SMEs whose teams need specialised external support in management control and business intelligence techniques and tools.