It doesn't matter whether you are from small company or a big multi-national corporation (MNC). If your team is spending hours preparing their reports, it is a sign that your team’s performance is not optimized. Generating a report should not take more than 5 mins. The hours they spent on reporting right now is probably taken from the time they should be using to review performance and execute their plans for growth. If you find that your team is displaying such symptoms, they probably lack one or more of these 3 key competencies (designing a scalable data source, developing a dynamic analytical report, summarizing their findings)
Is your team optimized for growth?