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Executive & Strategic Reporting
In the landscape of today's marketplace that features lower margins, highly selective customers and new competitors seemingly appearing everyday, businesses require a different level of reporting than years past. Today's business leaders need reporting data to be real time, dynamic and fully interactive to ensure that critical information is at their fingertips at any given time. No delays, no waits, no compiling of multiple reports
just the information required to make educated and strategic business decisions at the moment they are needed.
Synergy Plus Solutions offers integrated reporting solutions which encompass all critical business data across departments, and allow companies to have a new perspective on their data and processes. The spectrum of what can be included in a dynamic report is endless and can be as in depth or simplistic as your company requires. With this data at your fingertips, you can spend your time analyzing and acting on crucial data-not gathering it. As a result, you can accelerate and improve your business decisions.
When analyzing and searching for power, yet cost effective business intelligence solutions that is right for your company, you must ensure that the application is integrated to your back office business management data and includes most if not all of the following criteria:
- Alerts - Alerts provide crucial
monitoring, proactive notification, and automation capabilities
that help your company adapt to changing conditions and avoid alarming
scenarios pertaining to payables, receivables, budgets, sales, and
inventory.
- Inquiry - Having an easy-to-use
inquiry tool enables you to drill down into a specific area and
quickly extract data that is essential to your business.
- Multi-dimensional analysis tool
- SMB companies want the ability to bring in data from multiple
locations and still be able to see a unified macro view of the entire
enterprise. Analysis software should help you achieve this goal-providing
a quick snapshot of your business and enabling you to drill down
into sales and purchasing trends, as well as perform budget analysis.
- Dashboards - The term "dashboard"
has become omnipresent in the ever-expanding BI lexicon. An effective
dashboard is a graphical snapshot of your business's health that
is easy to understand.
- Quick KPI's - Whether analyzing
business performance vs. another company or between divisions within
your company, quick access to key performance indicators enables
you to see how your business is measuring up at any moment in time.
- Graphical presentations of data
- Viewing data in graphical format makes the process of analyzing
performance much quicker and easier. Make sure that your BI solution
incorporates customizable graphical views of your data in grid,
pivot table, and interactive chart formats. This should be a standard
feature, not an accessory.
- Flexible reporting capabilities
- The ability to create and generate reports (including exception
reports) that accurately reflect your company's key performance
data is crucial as is the ability to customize these reports and
display them graphically, if needed. In addition, you should be
able to export these reports to an Excel worksheet or include Excel
spreadsheet data in these reports.
- Remote access - It is essential
for decision makers to have remote access to a wide range of their
company's vital business data any time they want via the Internet.
Make sure your BI solution enables you to access your KPI's such
as sales, product and customer analyses, income and balance sheets,
and inventory reports whenever you are out of the office.
- Report automation - In order to
stay ahead of the competition, most SMB companies can't afford to
sit back and wait for their IT or accounting departments to provide
the information they need to make informed decisions.
To learn more about how executive and strategic reporting can help your business today, CLICK HERE
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