Preparing a budget in Commercial Controlling without the use of Matrix would certainly be a difficult and definitely more laborious task. Using Matrix to create annual and rolling budgets saves a lot of valuable time during the process of collecting, consolidating and reporting financial data.
Business today is very dynamic and providing fast and accurate financial information is a prerequisite for running a company. The use of the Matrix system contributes to the fulfillment of this condition and, consequently, to increasing the effectiveness of company management. The system makes it possible to carry out quick financial simulations, check various strategies "on paper" using many variables, which contributes to shortening the time of analysis and making important strategic decisions. In addition, each user of the system has access to up-to-date financial data which is within their area of responsibility, market data and planning data, which significantly speeds up work across the organisation.