5 steps to a digitalised reporting dashboard: Take steps to transform data into actionable insights by using a business intelligence tool, choosing new data sources, and creating an interactive dashboard.

A core task of management accountants is to provide decision-makers with the right information, at the right time, in a suitable format for at-a-glance key insights. New technologies, such as predictive and prescriptive analytics, artificial intelligence, and real-time data processing, allow data quality to improve and trigger analytical reasoning and data-driven decision-making. However, these new technologies can also potentially be highly complex and overload the decision-maker, even deteriorating decision quality. For the full potential of digitalisation to be unlocked, management accountants need to pay particular attention to five steps (for an overview, see the graphic, "5 Steps to Successfully Digitalise Reporting").