A Reporting System is a software application designed to capture, consolidate and analyses financial and performance data. When implementing a Reporting System its important to customize them to the local business process to ensure accurate and meaningful analysis. Reporting Systems are used for the consolidation of financial data for the creation of annual reports as well as for the creation of Ad Hoc analysis use to manage the KIP of the daily operations. A targeted Reporting System Implementation improves transparency while creating cost savings.