Harrisons Sauces increases profitability with BI solution
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Harrisons Sauces increases profitability with BI solution

Harrisons Sauces is part of BI Europe and manufactures condiments and sauces, supplying a variety of sweet and savoury sauces and seasoning to a wide range of market sectors across the globe. The company uses an ERP system to manage and control its manufacturing processes and has added Phocas cloud business intelligence software to streamline products and increase profitability.

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Topics: Case Study, Industry - Manufacturing, Business Intelligence Basics, Industry - Food and Beverage, Job Role - Inventory/Operations, decision-making, Dynamic reporting, business intelligence dashboards, data visualizations

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Harrisons Sauces increases profitability with BI solution

Harrisons Sauces is part of BI Europe and manufactures condiments and sauces, supplying a variety of sweet and savoury sauces and seasoning to a wide range of market sectors across the globe. The company uses an ERP system to manage and control its manufacturing processes and has added Phocas cloud business intelligence software to streamline products and increase profitability.

Read more

Topics: Case Study, Industry - Manufacturing, Business Intelligence Basics, Industry - Food and Beverage, Job Role - Inventory/Operations, decision-making, Dynamic reporting, business intelligence dashboards, data visualizations

Attract and keep the best finance talent with financial analysis software

There is a global shortage of finance talent. Yet there is also a growing push toward having a more modern finance team that can be ready for anything, can quickly share up-to-date numbers and coach others in the business about financial performance. The biggest obstacle to achieving digital innovation in finance is the lack of trained teams. To help address the problem, companies need to consider intuitive financial analysis software. These tools can build a bridge to digitizing finance capabilities providing benefits for both the experienced finance team member and the rookie.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Financial Statements, Dynamic reporting, business intelligence dashboards, data visualizations

Electrical supplier leverages data across its business to improve performance

Parrish-Hare is an electrical products supplier for commercial and industrial construction across Texas. The company is data-driven so everybody uses data analytics to access business information in real time, 'to see where they're at and where they’re going' on a daily basis. Electrical distribution is competitive, so by leveraging data, everyone makes more valuable decisions, this is turn serves customers better from ensuring stock is always available to meeting delivery deadlines.

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Topics: Case Study, Industry - Electrical, Job Role - Inventory/Operations, decision-making, Dynamic reporting, business intelligence dashboards

How sharing data makes financial performance everyone’s responsibility

The finance team has always turned to numbers to answer its questions, and as the current economic environment has forced businesses to act faster, everyone needs real-time access to critical financial performance. Many finance teams follow the old method of storing information in a silo, and introducing new technologies seems like turning a giant wheel. Nevertheless, the finance teams can adopt new ways of working to share credible data.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Financial Statements, Dynamic reporting, business intelligence dashboards, data visualizations

4 ways dashboards provide more insight into financial performance

A dashboard is a tool that allows you to see at-a-glance the performance of your organization. The various widgets on a dashboard are often charts or gauges which help explain complex information. A new financial statement solution backed by the power of a data analytics toolkit is changing the way finance teams carry out month-end reporting and the built-in dashboards  provide more dynamic insight into financial outcomes.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Dynamic reporting, business intelligence dashboards

Improve interdepartmental communication with dynamic financial reporting

Departmentalization has its benefits — department members can align their skillsets, concentrate on specific tasks and become experts within the company. But to tackle the multifaceted challenges that modern businesses face, to be successful these departments need to work together and coordinate their approach

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Financial Statements, Dynamic reporting, business intelligence dashboards, data visualizations

Mobile BI dashboards help ICU Medical change decision-making process

ICU Medical is a leading global medical devices and accessories company selling medical devices for oncology, vascular therapy and critical care. The company has thousands of products in its portfolio so turned to industry-specific business intelligence software to track its business performance. Creating mobile BI dashboards has significantly changed the way ICU do business because now everyone has access to accurate real-time data; decision-making is the responsibility of all.

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Topics: Case Study, Job Role - Finance, decision-making, Dynamic reporting, business intelligence dashboards, data visualizations

Dynamic vs static financial reporting:key differences

Managers can no longer afford to wait for weekly or monthly financial reports to review business performance; they need to make decisions immediately. Despite this, many businesses are still reporting financial statements in the traditional way — as static PDFs circulated amongst a small group of people. If a stakeholder has any questions about the figures, finding more information from a static report can be difficult as the answers often lie in the data behind the numbers. Worse; a static report only captures the status of the business at the time it was created. So, even the data available through static reporting is limited in its utility to strategize and make decisions.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Dynamic reporting, business intelligence dashboards

Phocas is named top dashboard software in FrontRunners

Phocas is named the top dashboard software by Software Advice. FrontRunners helps businesses evaluate which software products may be right for them. Verified end-user reviews and product data is evaluated, then Software Advice positions the top scoring products based on usability and customer satisfaction ratings. Phocas scored highest in both categories, with a usability score of 4.95/5 and a customer satisfaction score of 4.75/5.

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Topics: Job Role - IT, Reviews and Recognition, Job Role - Executive, business intelligence dashboards, data visualizations

Four opportunities with data visualization tools for the road back

“Without big data, you are blind and deaf and in the middle of a freeway.” Geoffrey Moore, American organizational theorist said this 15 years ago yet managers continue to operate without full visibility into their data and have felt the limitations during the crisis. From online sales to CRM data to accounts receivables, we constantly accrue data in business. However, this data is a burden if we can’t access and harness it quickly. Data visualization tools can help business managers take advantage of the opportunities that lie within their data, be flexible and respond faster.

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Topics: Job Role - Sales, Strategy, Management and Performance, Job Role - Executive, business intelligence dashboards, data visualizations

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