Master Data Maintenance

Fact Base: Structured Information Supply based of Core Facts like Annual Financial Reports.

 

 

Information supply is an integral part of the German controlling concept. In order to perform all of the corporate controlling tasks, a broad set of data has to be maintained to ensure standardized definitions, timeliness, and the quality of the respective data. Since there is no generally accepted term for this activity, the term “fact base” or “corporate information supply” might also be used.

Because of the possibly diverse background of different parts of a multi-business company, this activity plays a very special role in the corporate environment. It also includes the consolidation of data from different fields of the multi-business company.

Examples of Sub-Tasks:

  • Financial statements in general
  • Market shares
  • Non Financial Data
  • International Trade Statistics
  • Country Risk Data