The datapine Blog
News, Insights and Advice for Getting your Data in Shape

How To Create Data Reports That Will Skyrocket Your Business Performance

How to create data reports by datapine.

While they have always played a pivotal role in business success, the terms ‘data report’ or ‘business report’ haven’t exactly been synonymous with creativity or innovation. Data reporting and analysis are often seen as necessary evils created by analysts and consultants to offer functional operational insights. 

As such, the term usually conjures up images of static PDFs, old-school PowerPoint slides, and big tables. Usually created with past data without any room for generating real-time or predictive insights, static reports were deemed obsolete, consisting of numerous external and internal files, without proper information management processes at hand.

But it doesn’t have to be this way in the digital age. In fact, the business intelligence industry has evolved enormously over the past decade, and data analytics reports are riding the crest of this incredible technological wave.

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10 Case Studies On The Benefits of Business Intelligence And Analytics

Business Intelligence can bring great benefits to your business

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. Why? Because things are changing and becoming more competitive in every business sector, the benefits of using business intelligence and proper use of data analytics are key to outperforming the competition.

For example, in marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. Consumers have grown increasingly immune to ads that aren’t targeted directly at them.

The companies that are most successful at marketing in both B2C and B2B are using data and online BI tools to craft hyper-specific campaigns that reach out to targeted prospects with a curated message. Everything is being tested, and the successful campaigns get more money put into them, while the others aren’t repeated.

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29 Supply Chain Metrics & KPIs You Need For A Successful Business

Supply chain metrics post by datapine

The supply chain is the backbone of any modern business: an ever-shifting ecosystem that ensures the smooth, efficient, and consistent delivery of products or services from a supplier to a client or customer. 

Your commercial growth will suffer if your supply chain lacks structure, vision, and efficiency or is fragmented. That’s why monitoring and optimizing relevant KPIs and metrics for supply chain management with pinpoint accuracy is critical.

Supply chain metrics will help you set solid benchmarks for a number of essential processes and activities. And by working with the right KPIs, you stand to make your company more productive, more intelligent, and ultimately, more profitable.

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How Recruitment Metrics & Dashboards Can Help Improve Hiring New Candidates

Recruitment metrics and dashboards by datapine

To compete, evolve, and remain relevant, today’s most forward-thinking businesses prioritize continually improving their internal processes while measuring their success with pinpoint accuracy – and hiring talent is no exception.

There may be many talented job-seekers out there, but connecting with the best possible candidates for any role in your organization can seem like an uphill struggle. Not only is it important to source the right people for your company, but it’s also essential for your new recruits to fit into your internal culture, remaining motivated, happy, and engaged at all times. That’s where recruitment KPIs come in.

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The Importance Of Financial Reporting And Analysis: Your Essential Guide

Financial reporting is an important part of your business at various levels -from a legal point of view, for your investors, and for internal monitoring

While you may already know that a detailed business financial reporting process is important (mainly because it’s a legal requirement in most countries), you may not understand its untapped power and potential. In fact, financial analysis is one of the bedrocks of modern businesses. It offers insight that helps companies remain compliant while streamlining their income or expenditure-centric initiatives.

Utilizing finances data with the help of online data analysis allows you to not only share vital information internally and externally but also leverage metrics or insights to make significant improvements to the area that helps your business flow.

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