More and more companies are calling for the necessity of business intelligence (BI) and reporting. It’s fast becoming the it word in business, and regularly features in the discussions of many business circles. However, there seems to be a gap in understanding why we need BI. What’s the point of having BI? What’s the big […]
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Home Archives for Mathew Love Page 3
Five non-negotiable questions you should be asking your reporting solution
Many companies today suffer from a lack of visibility into key performance metrics. We call this “keyhole visibility” because it’s the equivalent of trying to evaluate what’s happening in a room by looking through the keyhole. With a narrow view, you’re unable to fully understand what’s behind the door and what might be lurking around […]
Dashboards: All your vital information in one place
A dashboard is a business tool that displays a set of metrics, KPIs and other relevant information to a business user. Dashboards are here to stay because of their simplicity and self-service capabilities. And recently, Microsoft has made dashboards even more relevant, visual and efficient to use through Power BI. Haven’t heard of it? Here’s […]
Financial statements: Three useful indicators and what they say about your business
Well-prepared financial statements contain an incredible amount of timely and revealing information about your business’ financial position. What are its strengths? Where are the vulnerabilities and challenges? Is the business making money? Savvy executives use the information on financial statements—most notably the balance sheet, income statement, and statement of cash flows—to drive decisions and chart […]
The importance of financial reporting
According to research, 35% of organizations indicate that demand for expedited financial information delivery is their top pressure. Financial analytics and financial reporting, are valuable sources for informed decision-making across an organization, and should be part of your company’s analytics strategy. By leveraging a financial analysis and reporting solution integrated with your business management solution, […]
Six software features that add value to your analytics capabilities
Assuming your business already uses an integrated software system, you will also need reporting or business intelligence tools that can extract, clean, and transform the data into a format that’s meaningful for users. New tools and technologies are emerging to make information come alive, including data visualization, process simulation, and predictive techniques. By taking advantage […]
Three key characteristics of a high-performance business management solution
With a good business management solution that manages your finances and operations all in one system, you can gain company-wide visibility into your business so you know where you’ve been, where you are currently and where you will end up in terms of cash spent, time and schedule commitments met. In addition, you can keep […]
Why mobility matters: Learn the three C’s
Mobility has changed the way we work—especially for businesses that depend on personnel not working at a desk or in and office. When asked how “anytime, anywhere” connectivity helps business leaders be more efficient, they typically respond with three answers: convenience, communication, or collaboration. Convenience When operations or field personnel need to call office staff […]
5 Business lessons from The Money Fight
You either hated it, loved it, or momentarily became obsessed with it. However, there’s no denying that Mayweather vs McGregor was an entertaining spectacle that captivated the world over, and turned many ordinary, peace-loving individuals into hardcore, blood-thirsty fight fans—even if just for 30 minutes. What can the flyweights and heavyweights in the business world learn from The […]
Can Excel be considered a complete BI solution?
While trawling through the old files on my organization’s server recently, I stumbled across a 2008 report in which Forrester Wave for Enterprise Business Intelligence Platforms assessed 12 BI vendors/tools. While the report was incredibly interesting, I realized that it did not include Excel as one of the 12 solutions—which got me thinking: Can Excel […]
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