What is an effective key performance indicator?
NEW

What is an effective key performance indicator?

Given today’s disruptive and competitive business environment, the ability to leverage company data has never been more important. A strategic plan is better when your data includes customer insights that set your products apart and often this data is proprietary to your business which helps you create a defensive barrier around your patch. The most effective way to manage this data is with the use of KPIs (key performance indicators) as signposts that keep the company going in the right direction.   

Read more

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

Recent posts

What is an effective key performance indicator?

Given today’s disruptive and competitive business environment, the ability to leverage company data has never been more important. A strategic plan is better when your data includes customer insights that set your products apart and often this data is proprietary to your business which helps you create a defensive barrier around your patch. The most effective way to manage this data is with the use of KPIs (key performance indicators) as signposts that keep the company going in the right direction.   

Read more

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

Phocas data analytics solution certified by Acumatica

Phocas is pleased to advise that we have certification with Acumatica, the innovative ERP cloud company, making us an Acumatica-Certified Application (ACA). This partnership is another example of Phocas extending functionality with ERP suppliers - ensuring customers have easy data analytics integration with their existing technology.

Read more

Topics: Press release, ERP Acumatica

Actionable data is business intelligence

actionable-data-business-intelligence.jpg

Every day, the business world creates more than 2.5 quintillion bytes of data. In fact, data is doubling in size every two years. This year, experts anticipate 1.7MB of data will be created every minute for every person living on the earth.

Read more

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

Cloud BI - the perfect match

Video Thumbnail

“Cloud computing and business intelligence are an ideal match. Business intelligence (BI) is about delivering the right information to the right people at the right time, and cloud computing provides a lightweight, agile way to access BI applications. The beauty of Cloud BI applications is the accessibility on multiple devices and web browsers. This circumvents traditional software barriers such as the requirement to access the application on-site.

Read more

Topics: Business Intelligence Basics, Job Role - IT

How to increase plumbing and HVAC sales

In the plumbing and HVAC industry, companies must be able organize a great diversity of parts on offer and offer great customer service. With this in mind, many companies adopt a business intelligence (BI) solution to keep ahead of the competition. BI empowers companies with a real-time view of operations. Managers can use this precious insight to develop strategies that will enhance business performance to drive revenue. In this blog, we’ll discuss ways you can leverage your data to increase plumbing and HVAC sales.

Read more

Topics: Business Intelligence Basics, Job Role - Sales, Industry - HVAC/Plumbing

Three ways a data analytics solution helps with ERP migration

There are many benefits for companies in manufacturing, distribution and retail to invest in enterprise resource planning (ERP) technology, including enhanced automation for the ability to deal with a complex data landscape. Businesses who are upgrading from legacy systems to cloud-based solutions also reduce costs, improve security and easily integrate with other solutions. Implementing a new ERP is a big project that requires planning. With this system being so critical to your business, you want to avoid a break in the service and the convenience it offers. So how can you keep all your data intact and accessible as you’re switching ERPs? ...  a data analytics solution

Read more

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

Flexible data analytics solution works for everyone in LB White's team

L.B. White has grown to become one of the world’s leading manufacturers of direct-fired heaters for the agricultural, construction, and rental industries. Approximately 50 employees support the production and global distribution of more than 50,000 SKUs from the company’s headquarters in Wisconsin. As a mid-size business, data has always been critical to the company’s decision-making process. By adding industry-matched data analytics software to its Epicor ERP 10 system helped the whole team overcome reporting challenges.

Read more

Topics: Case Study, Industry - Manufacturing, Job Role - IT, Industry - HVAC/Plumbing, ERP - Epicor

Seasonal stock control trends: Do you have your products ready?

seasonal-trends-do-you-have-your-products-ready

This time of year many businesses are dealing with seasonal demands and stock control. Seasonal trends come in many forms: increased sales of perfumes for the holidays, decreased sales in building products during the northern hemisphere winter, or increased sales of swimwear in the southern hemisphere summer.

Read more

Topics: Industry - Wholesale Distribution, Industry - Retail, Job Role - Inventory/Operations

How do businesses make decisions with BI?

5-ways-companies-are-making-better-decisions-with-industry-specific-data-analytics

By utilizing a fact-based, real-time, singular version of the truth, companies are now empowered to achieve and maintain a competitive edge through the use of industry specific business intelligence. Executives have immediate access to crucial information to make fast and educated decisions.

Read more

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

Phocas vs. QlikSense business intelligence software

phocas-vs-qlik-sense-business-intelligence-software

An executive from the Hayley Group said, "Our main reason for choosing Phocas BI was because we found Phocas people good to deal with, we didn’t think we’d be a small fish in a big pond." This customer-centric approach is the reason that Phocas is recognized as a leader in business intelligence (BI) software and scores well in customer reviews such as the  BARC BI Survey 19. In this blog, we compare Phocas business intelligence software with QlikSense using findings from BARC.

Read more

Topics: Business Intelligence Basics, Reviews and Recognition

Follow us

Subscribe via email