Reports are key to both gaining and communicating insights. Are yours actually insightful?
When creating a strategy for getting
actionable business intelligence to decision makers, custom reporting offers a tailored ability to get the right information to the right person in the right form and at the right time.
We’ve gathered some common signs that you should consider custom reporting.
You can’t make a decision quickly based on the information you’re given because..
1. You’re feeling inundated rather than informed
Solution: Maybe you’re getting reports too often, maybe they are in a form that is not yet decision-ready. Whatever it is, the purpose of data is to guide decisions, not overwhelm.
2. You only get the information you need when it’s out of date
Solution: Either you need a better reporting system, a quick way to forecast, or a more responsive system.
3. You only actually use some pieces of the reports you’re being sent
Solution: It’s great to have exhaustive reports, but if you’re only looking at one section, why not put the others in the background? Or are those useful, but only when placed in a different perspective?
4. Your information is spread across too many systems and reports
Solution: Gathering, consolidating and processing information can be time consuming, but can also be automated!
5. You don’t have access to the information you need
Solution: Information that’s out of your jurisdiction can impact you just the same – we can help you get what you need.
6. You’re missing information and you don’t know how to get it out of the system quickly.
Solution: Integration of your company’s systems and establishing a system of record can make a big difference is establishing one version of the truth.
It’s possible to make sense of all
the metrics that are at your disposal. The data you need is there. Let us help you get to it.
Watch this video to find out more about what your company could do with custom reporting…
