Improve interdepartmental communication with dynamic financial reporting
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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

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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

Read more

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

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

How the finance team uses analytics to automate reporting

To monitor the performance of its business, Whiting Holdings, an Australian steel distributor, consolidated all its financial, sales and inventory data into one platform. By harnessing technology and implementing data analytics, the finance team automates its month end and statutory reporting which helps get to the source of the data faster and make clear decisions.

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Topics: Case Study, Job Role - Finance, Dynamic reporting, data analytics, data visualizations, Inventory Management

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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