Data culture at Phocas is fun, fulfilling and forever
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Data culture at Phocas is fun, fulfilling and forever

When our CEO explains to his young kids what his day looks like tomorrow — presenting at an APAC culture and leadership conference about enhancing the Phocas culture during rapid growth — they think it sounds boring. So, in typical Phocas fashion, 'Marvellous Myles', the co-founder and co-CEO and 'Keeping-it-real Karen', chief people officer took on the challenge of making the presentation lots of fun. The outcome is an honest discussion packed with excellent insight into Phocas’ data culture, explaining the levers Phocas uses to make people feel good about data – inside and outside of the business.

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Topics: Job Role - Executive, Job Role - HR

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Data culture at Phocas is fun, fulfilling and forever

When our CEO explains to his young kids what his day looks like tomorrow — presenting at an APAC culture and leadership conference about enhancing the Phocas culture during rapid growth — they think it sounds boring. So, in typical Phocas fashion, 'Marvellous Myles', the co-founder and co-CEO and 'Keeping-it-real Karen', chief people officer took on the challenge of making the presentation lots of fun. The outcome is an honest discussion packed with excellent insight into Phocas’ data culture, explaining the levers Phocas uses to make people feel good about data – inside and outside of the business.

Read more

Topics: Job Role - Executive, Job Role - HR

How to get your KPIs on track with data analytics

how-to-get-your-KPIs-on-track-with-data-analytics

Many data analytics vendors give users the ability to measure everything but offer little guidance.  Too much choice can be overwhelming for new users. Instead, we recommend determining the metrics that matter to your business and to get you started; Phocas helps you establish KPIs in the data analytics solution.We have three pillars that serve as guideposts to help you decide what to measure. So every area of your business from sales, inventory management to finance is measuring core KPIs that contribute to the overall success of the business.

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Topics: Business Intelligence Basics, Job Role - Sales, Job Role - Executive, Job Role - Inventory/Operations, Job Role - Marketing

How to monitor business performance with financial analytics

The finance department monitors and analyzes business performance in detail. Yet sometimes it can take awhile to communicate and address issues occurring in different parts of the business that are creating bottlenecks or affecting costs. Companies spend months preparing budgets and yet when the numbers are reviewed a year later a company's performance isn’t always aligned. To get the maximum benefit from your financial data, using dynamic reporting tools in data analytics software will allow you to better monitor performance metrics, visualize the numbers and deal with 'unexpected' issues.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Dynamic reporting, data analytics

How real-time dashboards keep managers on target

how-real-time-dashboards-keep-managers-on-target

A real-time dashboard provides up to the minute insight into the performance of numerous business processes from production to delivery. Every department of a company has specific performance metrics that can be monitored to ensure the company is operating at peak performance. Integrating these metrics into a dashboard allows users to spot a problem quickly so you can get right back on track or respond to exactly what your customers need.

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Topics: Business Intelligence Basics, Job Role - Executive, data visualizations, KPIs and metrics

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

 


Business intelligence (BI) systems provide a single source of truth for data management across all of your operations’ data. BI aggregates the data in a way that makes it easier for you and your team to access and analyze information for more strategic decision-making. Tracking key metrics across inventory, customer behavior, finance, and other areas of your business has never been more important with the uncertainties that are impacting practically every industry today. As you evaluate your BI strategy and the role analytics plays in your future, consider the following six dos and don’ts for data management to make data more accessible and meaningful to your teams.

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Topics: Business Intelligence Basics, Job Role - Executive, Job Role - Inventory/Operations, decision-making, business intelligence dashboards, data visualizations, KPIs and metrics

How to create a report on yesterday’s sales activity

how-to-create-a-report-on-yesterdays-sales-activity

Waiting for traditional reports is often a long and frustrating process because these reports are usually generated by the IT department and can take time to be completed.  Oftentimes, factors change, making it obsolete by the time the report is received.  Reporting doesn’t have to be time-consuming, static, or at-risk for inaccuracy. Instead, data analytics makes reporting simple, quick and intuitive.

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Topics: Business Intelligence Basics, Job Role - Sales, Product, Job Role - Executive

[eBook] Benefits of scorecards and dashboards

Phocas_DashboardsScorecardseBook_blog

In today’s modern mid-sized organization, having quick and easy access to company data in the form of a scorecard or dashboard is a cost-effective way to improve efficiencies and increase profit margins. The ability to turn raw information into actionable intelligence is essential to understanding how to better serve customers, reduce costs and streamline processes.

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

Get visible data and improve business outcomes

increase-data-visibility-into-your-business

Business leaders want to make decisions faster and with more efficiency.  Without visible data that is accessible and organized, it’s nearly impossible to make well-informed decisions. Liked driving a car on a foggy road at night, you will have difficulty identifying the best route or avoiding potential obstacles on the road. However, with data visibility, you have the clarity to make good decisions at the right time, as well as the flexibility to respond to potential challenges.

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Topics: Industry - Electrical, Job Role - Executive, decision-making, data analytics

data refinement: when data is less like gold and more like manure

The world is experiencing a data boom. We create as much as 2.5 quintillion bytes of data every day, and counting. Data generated by your customers, ERP systems and partners has the power to give your company an enormous competitive advantage. However, this information needs data refinement – it needs to be prepared, collated and analyzed in the right way. Today, data needs to be handled more like manure, not gold. 

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Topics: Business Intelligence Basics, Job Role - IT, Job Role - Executive, decision-making

5 ways to effectively manage employee performance (through BI)

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Managing the performance of employees plays an important role in meeting company goals, keeping employees motivated and being able to take appropriate action to help employees when they are struggling. Using business intelligence data to measure targets and demonstrate new opportunities is a transparent and effective way to treat all of your people fairly and bring out their best performance.

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Topics: Strategy, Management and Performance, Job Role - Executive

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