What is Web-Based Business Reporting

Knowledge-based companies are transforming everything: the way they are organized and managed, the way they do work and develop new products, the way they manage risks, and their relationships with other organizations in order to survive and compete in the rapidly changing business environment. The accomplished companies in this harsh competition are the ones that focus on the customer, get rid of the nonvalue and low-value activities, decentralize the decision making process, reduce the time required to perform key activities, and form new networks and collaborations with suppliers, customers, and competitors (AICPA, 1994).