Why business intelligence reporting doesn't have to be complex
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Why business intelligence reporting doesn't have to be complex

The goal of business intelligence reporting is to transform data into accurate and actionable information for easy analysis and rapid decision-making. Through simple dashboards, all users are able to interpret a full view of business performance. This can be done quickly and efficiently which is important during a crisis.  Reports can be created on the spot and the information disseminated companywide.  In this post, we will take a closer look at why BI reporting comes without the complexity.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - IT, Dynamic reporting

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Why business intelligence reporting doesn't have to be complex

The goal of business intelligence reporting is to transform data into accurate and actionable information for easy analysis and rapid decision-making. Through simple dashboards, all users are able to interpret a full view of business performance. This can be done quickly and efficiently which is important during a crisis.  Reports can be created on the spot and the information disseminated companywide.  In this post, we will take a closer look at why BI reporting comes without the complexity.

Read more

Topics: Business Intelligence Basics, Job Role - Finance, Job Role - IT, Dynamic reporting

BI reporting versus traditional reporting

Over the last 15-years, we have undergone a major change in the way we do business. This is mostly due to technological advancement and the proliferation of SaaS. Companies must have the ability to store and analyze huge volumes of data. People cannot afford to wait for weekly or monthly reports to make critical company decisions. The ability to generate accurate, relevant and timely reports is critical if a company is to remain agile.  In this post, we will discuss a few ways BI reporting outplays traditional reporting practices.  

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - IT, Dynamic reporting

The future of data analytics for mid-market managers

The future of data analytics for mid-market managers is bright because data is now accessible to all. The concept of data democratization is not new, and it’s not unlike other technological advances that have followed similar paths, including the role of the Internet and mobile devices. As data analytics solutions become more mature and custom to industry application and job functions, data analysis is available to meet everyone’s needs.

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Topics: Business Intelligence Basics, Job Role - Finance, Strategy, Management and Performance, Job Role - Executive

What to expect from BI reporting

Gone are the days spending hours generating reports that immediately lead to more questions. Your obsolete reporting software or homegrown tools are leaving your business exposed to a range of critical risks and missed opportunities. BI reporting allows you to quickly, visually and cost-effectively get the answers you need to conduct business, manage budgets, and make accurate decisions.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - IT, Dynamic reporting

Best business intelligence software blogs in 2019

best-business-intelligence-software-blogs-in-2019

Thanks to our regular business intelligence software blog readers and those people who swing by when the topic piques your interest. We aim to provide a balance of behind-the-scenes stories at Phocas, profiles of how customers use our business intelligence software, industry news and what's coming next for the product.

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

Prochem stays ahead of the game with data analytics

prochem-stays-ahead-of-the-game-with-data-analytics

Prochem delivers quality stainless-steel pipe, fittings and valving products to the gas, aerospace, marine and industrial sectors across the Asia Pacific. The company uses data analytics to drive efficiencies and stay competitive. The steel distributor started using Phocas to identify low margin sales automatically. Now, the BI software underpins many smarter ways of working for Prochem such as streamlining the purchasing and stock functions.

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Topics: Case Study, Job Role - Finance, Industry - Wholesale Distribution, Job Role - Inventory/Operations

ConvaTec sets healthy pricing strategy with Phocas data insights

ConvaTec-sets-healthy-pricing-strategy-with-Phocas-data-insights

ConvaTec is a global medical products and technologies company with innovations that advance wound care, stoma care, continence and critical care. ConvaTec deployed Phocas in 2015, and the following year, the company’s 30-plus sales team achieved record sales. The success was attributed to better visibility of their data and the ability to use data to support pricing decisions.

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Topics: Case Study, Job Role - Finance, Industry - Health and Medical, ERP - SAP

Transform your IT team into a strategic asset

transform-your-it-team-into-a-strategic-asset

As advancements in technology continue to alter the way we do business, the role and function of the IT department must also adapt. IT managers need to consider ways to shift the IT department from the role of a cost center to a strategic asset. By developing innovative strategies that marry technology with business goals, your IT department can be your company’s competitive edge and drive efficiencies and superior customer service.

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Topics: Job Role - Finance, Job Role - IT

How to determine who owes you money

How-to-determine-who-owes-you-money

The ability to determine how much outstanding money is owed to your company is vital to the ongoing management and sometimes survival of a business . As such, it’s important that relationship managers have the ability to examine which accounts are overdue or have a credit freeze on them so they can work with finance and customers to rectify the situation.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Sales

How to customize your data?

how-to-customize-your-data

Individuals have unique ways of perceiving the world around them.  This includes how they extract meaning from their data. Some people prefer to see as much information as possible. While others favor a more simplified report. At Phocas, we pride ourselves on offering flexibility. Here are three videos that demonstrate how to customize your data according to your needs.

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Topics: Job Role - Finance, Product, Job Role - Executive

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