Power BI enables your company making decisons quickly. Better decisions by putting your data to work for you
probability of selling to an existing customer is up to 14 times higher than selling to a new customer.
As you track customer sales and analyze buying habits, you can create a more complete picture of your customers’ business needs.
To keep pace with the market and keep competitors at bay, you need unfettered access to current information about your business, and you need to use this information to drive decisions.
Business intelligence software can serve as a single source of truth for all relevant business data. BI can integrate with a variety of company systems including enterprise resource planning (ERP), point-of-sale, warehouse/supply chain management and customer relationship management (CRM).
The knowledge about what products are selling (and to whom) can make other areas of your business more efficient.
The Operations department manages and monitors all departments in an organization – from production, through human resources and marketing, to sales. Their vital roles lie in the ability to handle problems and find solutions across the entire production line.
It is precisely the Operations department that can spot opportunities to increase sales by utilizing the capabilities of other departments. If there’s a surge in sales, the reaction is to boost production.
The Operations department connects all departments and has a major impact on the bottom line. To be able to act, however, they need visibility of the current situation – the trends and the problems, in each single department. And they should be able to achieve this quickly and easily, using Business Intelligence reporting and analytics.
With BI, strategic decisions are based on real time and accurate operations data, aggregated from all departments in the organization. Moreover, predictive BI methods also permit for “what if” analysis, to check how a specific decision can affect your company in the future. All this data generates key insights and a broad perspective, which allows faster decision making at the right point in time.
Finance departments are driving the adoption of business intelligence software, using it to increase the accuracy of their forecasting and develop business strategy
Predictive analytics tools provide CFO’s with valuable insight into customers, products, and even their own employees that can help them shape policy to better drive revenue. An example of such an insight is the identification of the characteristics of the most profitable customers. Predictive analytics can tell financial officers where they come from, what they buy, and other demographic information that can help the business better target the highest-revenue generating clients.
Dashboards can provide, in one quick glance, a holistic overview of the health of a company. By aggregating important visuals that reflect data insights together on the screen, dashboards can help financial professionals identify potentially hidden trends or missed opportunities.
indicators are a vital tool to help assess the financial health of a company. They provide metrics that help companies benchmark their progression toward goals. Such data can determine whether or not a company is going to hit its numbers, and can also identify important trends and connections between categories.
Along with the increased speed and volume of financial transactions has come the increased speed and volume of developing risks. As these risks arise, the ability of a company to respond swiftly will rely on data management and the use of business intelligence tools.
From recruitment to retention, HR juggle with a lot of different elements that are crucial to assign the right person to the right position. HR analytics provide you with a unique global view of all your HR data, helping you keeping the pulse of your workforce.
With a business intelligence software for HR professionals, gather and manage all this data in one place while allowing other people to work on it, and keep a unique version of the truth in any case.
The hardest metrics to measure are probably the human, subjective ones. Interviews, feedbacks, applicants’ experience, you have to collect dynamic data that matter and interact smartly with them.
HR data are disseminated across various systems; but BI helps you combine them all and visualize the impact of retention initiatives on employee productivity, or their overall satisfaction.
Promote career development among your staff by providing trainings, skills assessment, or salary increases. Measure your workforce value with modern HR analytics and drive business performance with interactive dashboards.
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