Controlling and Reporting (Controlling/Reporting, CR)

Professional controlling and reporting creates transparency about an economic development organization's services, enables data-driven management decisions and gives supervisory bodies and policymakers solid evidence of effectiveness. • Service recording: Systematic documentation of all services delivered, by type, scope and target group • KPI definition: Developing and maintaining a system of indicators to measure EDO performance • Regular reporting: Producing periodic reports for management, supervisory bodies and local politics • Benchmark analysis: Comparing your own performance indicators with those of comparable economic development organizations • Impact measurement: Analyzing the actual effects of EDO measures on the regional economy • Proof of funding use: Documenting the earmarked use of funds for funding and grant bodies

Stember periodic table

Classification of the activity according to Stember's periodic table of economic development

79

CR

Provision of management-relevant information from the reporting system.

Controlling and reporting comprises all the means and measures an organization uses to compile and pass on information. It also covers the processing and storage of information. Controlling and reporting takes the form of a report.

Digitalization and AI agents

Various implementation stages, from analog realization to complete automation through AI agents.

Performance data recorded manually in Excel spreadsheets, reports produced by hand in Word or PowerPoint, data laboriously consolidated from various sources, the reporting cycle ties up considerable staff capacity.

The CRM system provides initial analyses of activities and contacts, standardized report templates in the CRM, data is exported from the CRM regularly and transferred into reports.

Digital dashboard with real-time KPIs on advisory services, network reach and project progress, automated report generation from the digital system, online reporting portal for supervisory bodies and politics.

Platform analytics automatically supply data on community growth, engagement and network development, businesses rate services on the platform and thereby provide direct evidence of impact, and transparent performance reports strengthen trust in the EDO.

AI agents automate the entire controlling and reporting of an economic development organization: • Data capture agent: Automatically reminds staff to document delivered services in the system the same day – a complete data basis with no catching up at month's end • Report generation agent: Automatically produces weekly, monthly and annual reports from defined templates and sends them to all recipients • Anomaly detection agent: Continuously monitors KPIs and escalates notable deviations to management immediately, with concrete recommendations • Benchmark research agent: Automatically compares your own KPIs with publicly available benchmarks from other economic development organizations and prepares the results • Funding evidence agent: Automatically aggregates all funding-relevant activities and produces proof-of-use documents for grant bodies on time

Implementation with LoftOS

Description of how LoftOS supports the implementation of the activity

With LoftOS, controlling and reporting become an automatic by-product of the platform – every activity is captured digitally, KPIs emerge in real time and reports generate themselves. • Real-time performance dashboard: All relevant KPIs on advisory services, community growth, event reach and network development are available at the push of a button – no waiting for the next report. (Analytics) • Automatic service recording: Advisory sessions, events, matchmaking successes and network activities are captured automatically on the platform – no manual catching up by staff. (Pipelines + Forms + Events) • Granular impact measurement: Analytics show exactly which measures led to engagement, cooperation and business relocations – evidence of impact for politics and funding bodies at the push of a button. (Analytics) • Stakeholder reporting portal: Supervisory bodies and political decision-makers receive regular automatic reports straight from the platform – transparent, traceable and always current. (User Mailing + Analytics) • Structured funding documentation: All funding-relevant activities are documented in pipelines and exportable at the push of a button – proof of use without data chaos. (Pipelines + Forms) • AI Agent Builder (FELSER 5.0): AI agents record services, generate reports, detect KPI deviations and produce funding evidence automatically – controlling turns from a burden into an automatic function.

Comments