Controllership: What is it?

Controllership, it can be said, is an evolution of the old Accounting or even Accounting, insofar as the Controller - controller, in a free translation - plays a role beyond accounting: in fact the Controllership must measure and report to managers all the important business variables, such as costs, budget, investments, expenses, results and goals in general.

Given the nature of its work and depending on the training of the professionals involved, the Controllership can be especially useful in the following ways:

1. Ensures greater consistency of information: defining consistent processes, controls and information systems; much of this is done through the careful and authoritative definition of a Chart of Accounts and Cost Centers.

2. Strategic vision:preparing a robust Business Plan, with details of costs, expenses, investments, taxes and margins, including helping the organization to establish variable compensation based on the goals of this Plan.

3. Operation management support: Defines, configures and reports the main information for the day-to-day management of the organization, the well-known KPI's or ICP - Key Performance Indicators, in Portuguese.

4. Strategic management support: Periodically monitoring and reporting the main variables, allowing the board and managers to make adjustments to plans, make decisions, allocate resources, etc. making the achievement of results much more a product of management than mere chance.

5. Mitigate Risks: fformulates, together with the board, policies, norms and procedures to regulate the business rules and make the organization work uniformly and the stakeholders (shareholders, employees, customers, suppliers, other parties) know what to expect from the organization, as well as the limits of what can be done.

How Planope can help?

An own Controllership structure can be "heavy" for the moment of some organizations, despite the paradox that they need it vitally, since the growth sought will only be sustainable with planning, controls and monitoring.

Planope's Controlling Outsourcing area is the flexible and economical way for your company to reach other levels of organization, with a strategic vision properly planned, measured, monitored and reported. Our service packages are customizable according to your moment and needs.