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Business KPIs: 5 important characteristics to be effective

3 MIN

To remain competitive, business managers need to track how company-wide goals are regularly progressing. Setting business key performance indicators (KPIs) is one of the easiest ways to do this. Unfortunately, many people get their business KPIs wrong, by measuring too much or not what’s helpful or copying the metrics others are using. But for KPIs to be effective, it’s essential that managers consider..

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How data analytics can increase medical device sales

3 MIN

March 4, 2021

In a recent Bain survey, medtech executives ranked big data and analytics as the technology that will have the greatest impact on the industry over the next five years.

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Five ways to increase profit margins in distribution

2 MIN

March 4, 2021

Tracking profit margins is a full-time activity in distribution. Out-of-date reporting systems with little to no visibility beyond sales data can result in your business..

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latest posts

How data analytics can increase medical device sales

3 MIN

January 1, 1970

In a recent Bain survey, medtech executives ranked big data and analytics as the technology that will have the greatest impact on the industry over the next five years.

health and medical trends data analytics cross-selling data visualizations

latest posts

Five ways to increase profit margins in distribution

2 MIN

January 1, 1970

Tracking profit margins is a full-time activity in distribution. Out-of-date reporting systems with little to no visibility beyond sales data can result in your business..

wholesale distribution sales strategy management & performance data analytics

latest posts

How information gives companies a competitive advantage

2 MIN

January 1, 1970

The pandemic of 2020 created a record number of new companies. A rise in entrepreneurship accompanies every downturn in economic history. Technology is making it easier for..

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Empowering remote finance teams with the right tools

3 MIN

December 22, 2020

For finance teams, the transition to remote work during COVID-19 has brought a mix of various..

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How to choose the right business intelligence solution for your business

3 MIN

December 11, 2020

Business Intelligence is key to making the most of the data generated by your company because it allows..

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Key performance measures to track from finance data

3 MIN

December 9, 2020

Key performance measures help people evaluate actual performance against objectives, so they know what..

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Business intelligence vs. spreadsheets: What does your business need?

4 MIN

November 25, 2020

As businesses grow and become more digital, so too does the amount of data available to track and analyze.

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Accounting analytics – how business intelligence helps

2 MIN

November 23, 2020

A decade ago, an accountant balanced the daily transactions and prepared a statement of profit and loss..

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Financial data visualizations - how they help businesspeople communicate

3 MIN

November 16, 2020

Humans are wired to love numbers over text, pictures over written content, and dashboards over..

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Five quick steps to closing a sale

2 MIN

November 12, 2020

Natural born sales people have something that many people don’t have—charisma. They’re positive,..

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iQuip paints a data-driven future

2 MIN

October 27, 2020

iQuip Group is an exciting new Australian wholesaler dedicated to supporting the paint, render and..

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Business analytics for beginners

2 MIN

October 25, 2020

If you are new to business analytics, it can be difficult to know where to start. There is so much..

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4 elements of an efficient business intelligence tool

2 MIN

October 22, 2020

There are so many business intelligence tools on the market, all promising a competitive edge for your..

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How to find sales revenue in your data

3 MIN

October 21, 2020

When leading a sales team, all roads must lead to revenue-generating opportunities. And with data..

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The KPIs every manufacturer should know and measure

3 MIN

October 19, 2020

When it comes to achieving success in manufacturing, the industry is way beyond the idea that data..

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Ad hoc financial analysis and reporting for everyone

2 MIN

October 18, 2020

In many companies, the IT department creates a library of pre-built templates for generating static..

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The evolution of financial statement planning and analysis

2 MIN

October 7, 2020

Your finance team may be wasting their precious time in preparing outdated static reports, to provide..

business intelligence basics finance executive financial statements dynamic reporting BI dashboards data visualizations

How to increase profitability in the automotive industry

3 MIN

September 3, 2020

It is no secret that the automotive aftermarket is cut throat and consolidating rapidly. Customers now..

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Data management: 6 dos and don’ts of managing your business with data

3 MIN

September 2, 2020

Business intelligence (BI) systems provide a single source of truth for data management across all of..

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[eBook] Benefits of scorecards and dashboards

3 MIN

August 28, 2020

In today’s modern mid-sized organization, having quick and easy access to company data in the form of a..

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What is an interactive dashboard?

2 MIN

August 14, 2020

An interactive dashboard allows you to drill down and filter information so data can be viewed from..

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Harrisons Sauces increases profitability with BI solution

1 MIN

August 7, 2020

Harrisons Sauces is part of BI Europe and manufactures condiments and sauces, supplying a variety of sweet..

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Attract and keep the best finance talent with financial analysis software

3 MIN

August 5, 2020

There is a global shortage of finance talent. Yet there is also a growing push toward having a more modern..

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Electrical supplier leverages data across its business to improve performance

1 MIN

July 31, 2020

Parrish-Hare is an electrical products supplier for commercial and industrial construction across Texas...

case study electrical inventory and operations decision-making dynamic reporting BI dashboards

How sharing data makes financial performance everyone’s responsibility

2 MIN

July 22, 2020

The finance team has always turned to numbers to answer its questions, and as the current economic..

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4 ways dashboards provide more insight into financial performance

2 MIN

June 24, 2020

A dashboard is a tool that allows you to see at-a-glance the performance of your organization. The various..

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Improve interdepartmental communication with dynamic financial reporting

3 MIN

June 17, 2020

Departmentalization has its benefits — department members can align their skillsets, concentrate on..

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Mobile BI dashboards help ICU Medical change decision-making process

1 MIN

June 11, 2020

ICU Medical is a leading global medical devices and accessories company selling medical devices for..

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Dynamic vs static financial reporting: key differences

3 MIN

June 10, 2020

Managers can no longer afford to wait for weekly or monthly financial reports to review business..

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Phocas is named top dashboard software in FrontRunners

2 MIN

June 5, 2020

Phocas is named the top dashboard software by Software Advice. FrontRunners helps businesses evaluate..

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Four opportunities with data visualization tools for the road back

3 MIN

May 18, 2020

“Without big data, you are blind and deaf and in the middle of a freeway.” Geoffrey Moore, American..

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Margin analysis helps drinks distributor concentrate on key areas of business

3 MIN

May 15, 2020

Dayla Drinks is an independent on-trade drinks distributor specializing in the procurement and supply of..

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Obex team uses business intelligence dashboards to track performance

3 MIN

May 1, 2020

In 2008, the founders of Obex Protection in Worcester saw the potential for better glazing and façade..

case study manufacturing building and industrial supplies dynamic reporting data analytics BI dashboards

Business intelligence dashboards: What executives are monitoring

4 MIN

April 28, 2020

When it comes to developing business intelligence dashboards, the biggest challenge may be deciding what..

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