Every business owner, manager and department head is sure to agree that professional management reports are crucial to living up to that old adage that knowledge is power. But in today’s information age, knowledge alone is not enough to remain successful. Every company has facts and figures, gathering data of all size - with so much data accumulated on a daily basis, how do you ensure that you are pulling the knowledge you need from the available pool? And how can you be certain that you are acting, reacting, and being pro-active to changes in employee, client, and market behavior? The answer is a professional management reporting software.
Monitor all your departments: One of the prime benefits of investing in a management tool is getting a global overview of how things are going, from supply chain efficiency to sales conversion. Management reporting tools let you see how your various departments are working together, providing valuable insights on the health of your business while helping you fixing what needs to be, and improve what can be improved. Such overview places your data into its global context, which lets you take not only decisions that are better informed, but also better aligned with the various strategies in place.
Create reports fast and efficiently: The traditional, time-consuming reporting methods are of the past, and modern management reporting software are here to help you update them. In using these efficient solutions, you gain precious time and can allocate tasks with a greater added value to your best assets - no one likes to see high skilled employees wasting their potential on formatting reports that will have outdated data by the time it gets to top management. By investing in professional BI reporting tools your reports will be created automatically in an online environment, leaving the pains of manual reporting in the past.
Enhance communication: Being able to communicate key information via a professional management dashboard to partners, investors, customers, or employees is one of the main purposes of a management reporting software. Investing in a modern management reporting solution will give visibility to all the different activities and performance of the business. As a result, internal communication will be significantly increased as everyone will be on the same page regarding the business scenario, and productivity will be increased by finding growth opportunities and sport potential inefficiencies on time.
Implement a data-driven culture: In the past, reports where only meant for IT specialist that took a long time to manually create them. Modern management solutions are user-friendly and will empower everyone in your business to leverage the power of data for their decision-making process. In the long run, getting accurate insights based on real data and not human intuition, will implement a data-driven culture across the entire organization, leading to a sustainable business growth as well as a competitive advantage.
The goals and benefits of management reporting are manifold. By investing in a modern management software, you can create reports via an easy-to-use drag-and-drop interface. This will help you and key stakeholders to generate management reports to help accomplish certain key management tasks.
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Data needs context, and needs to be correctly understood, otherwise it will be of no help but a waste of time and energy. This is where datapine’s innovative dashboard builder and intuitive system really come into their own. Incredibly powerful, truly responsive, and utterly bespoke, any organization of any size can use datapine to help accomplish major business goals and monitor day-to-day activity. So, how can datapine’s software assist your business and make a tangible difference at operational level?
Maintain day-to-day business management: Using datapine as a management reporting tool to control your activity is quick and easy. KPI reporting is seamless, structured, and stress-free. You can use management reports to structure relevant metric graphs and tables into dashboards and then share the dashboards with selected receivers. This enables managers to make day-to-day decisions based on the most recent and accurate figures.
Motivate via a regular management report: As datapine reports can be scheduled and shared with staff members, you can use the report to demonstrate progress towards goals and targets. Whether this is the sales team proximity to deals closed or the customer care team’s improved response times, a KPI dashboard can be used to keep all staff members engaged and motivated. With regular access to these performance measures, operational managers are also given the data assets they need to keep employees on track.
Connect all your data sources: As mentioned above, a modern management reporting application will connect all your departments for a more collaborative environment. This can be achieved by giving everyone in the organization access to the data they need to support their decision-making process. With datapine’s professional data connectors all your databases can be connected into one single point of access within seconds. From MySQL, Oracle, Amazon, CRM systems, third-party data providers, to simple flat files, you’ll have immediate access to all your information which you can then visualize in an interactive online dashboard.
Share your data in a safe way: A fundamental part of management is making sure that everyone gets the data they need. However, having access to all the data available can be confusing and also dangerous as you don’t want to grant access to all your business confidential information. With datapine’s management reporting tool sharing your reports is easier and safer than ever: you can grant access to your dashboards with different viewing rights (viewing, editing, etc.) to people with whom you want to share your work, but remain in full control on the access granted and can revoke or restrain it at any time. Additionally, reports can be shared via a live URL that is password protected for extra safety.
Real-time data and automated reports: It’s a known fact that static reports that need to be manually updated will not make the cut in this data-driven era. By the time a report is manually done, the information on it might no longer be useful. With datapine’s professional management reporting software this is a problem of the past. The tool will automatically update your reports as soon as new data is available, and will autogenerate reports and send them to specific recipients in whatever time you predefine. Like this everyone always has fresh business insights available to work with.
Access data from anywhere: With datapine’s report management software you are no longer tight to a specific document. Thanks to the cloud environment of a SaaS software, you can access all your reports from wherever you are on any device that has an internet connection. Rather you are in a business meeting out of the office, or in the train travelling to another location, your data will always be available for you 24/7.
Dig into the various management KPIs we put at your disposal and choose the ones you need to track for your area of business. Once you have them all, bring them to life into powerful business dashboards that present a clear outlook for you to prioritize your next decisions.
Consistent, accessible, and transparent, datapine makes the production of dashboard reporting less stressful and more useful, helping to make a real difference to productivity and contributing to driving objectives forwards. A management reporting software is quite a strategic tool in your everyday activities. Reporting is a crucial part of management as teams need to be aware and on the same level when they collaborate. Let your colleagues be up to date on the processes, status, progresses made or on the performance: communication is key in every aspect of your business.
Besides, the use of a management reporting tool ensures data integrity: the amount of data produced every day on so many platforms make it difficult to filter, gather, read, and analyze as a whole. Being able to work on real-time data makes your dashboards not only dynamic but also always up to date at any time, letting you adjust your strategies and goals accordingly. The insights you will gain from your data analysis will consequently be more accurate and you will avoid synchronization problems and delays. Another advantage of using a management reporting software is that the data you are working on will be better organized - facilitating the work as your teams can easily filter the useful information from the rest, and be more productive in the end.
With complete control and the ease and speed with which new databases can be integrated, reports are pinpoint accurate, timely and detailed. Importantly, thanks to a robust security system and individual user access options, reports can be accessed online 24 hours a day by colleagues with relevant credentials, meaning the management team does not all need to be located in the same office or even in the same time zone for critical reports to be available and accessible.
Want to find out more or try datapine for yourself? We offer a no-commitment and no cost 14-day free trial. Sign up online to get started with your next management report now or contact us for more information.
We were amazed how easy it was to use datapine and get the first KPIs within a couple of minutes. datapine is definitively a game changer for us as now all decision makers have quick, easy access to ad hoc analysis, KPI dashboards and reports.Sebastian Diemer, Founder at KreditechGO TO PRODUCT OVERVIEW
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