How To Benefit From Real-Time Business Intelligence Reporting During The Holidays
by Christian Ofori-Boateng on Jan 23, 2018 7:19:00 AM
Real-time business intelligence reporting is your key to a more efficient and profitable holiday. These products save time, boost BI benefits, and make it easier to handle the holiday rush. Automated alerts along with readily available, highly accurate summaries give businesses a better foundation, especially as demand rises.
Save Valuable Time
Things move fast during the holiday season, and it’s important for your business intelligence tools to keep up. Although real-time business intelligence reporting software is always useful, these systems gain value during the holidays, when time is at a premium. If users are in a rush, all they need to do is open the system and glance at real-time KPIs. A single dashboard holds all the vital information decision-makers need for efficient daily operation.
Programs like IntelliFront BI take real-time service a step farther, however. Threshold events and alerts keep users informed even when they're working on other projects. If users don't have time to stop and review as many reports as usual, they can still trust in their system to warn them about important changes. Businesses are free to dedicate more time and energy to holiday sales without worrying about their KPIs. It's the best of both worlds. Real-time business intelligence reporting tools like IntelliFront BI help businesses increase savings and take advantage of the holiday season while consuming less time during this extremely busy period.
Even if your business isn’t especially pressed for time during the holiday season, it’s important to react to new developments quickly. After all, even if you aren’t busy, you can safely assume your customers and vendors are pressed for time. Opportunities appear and vanish rapidly, giving businesses little time to process and react. IntelliFront BI's tools are useful for much more than time savings. Real-time KPIs reveal details that might create a chance for savings or uncover a potential threat to long-term finances. It's faster and more efficient to just open a window and check a single set of numbers rather than to read through a full report, and that easy accessibility encourages users to make the most of their BI products.
Alerts enable decision-makers to react even faster. The holidays bring increased demand for many products and services that your business needs. Increased pressure on vendors, manufacturers, and shipping companies frequently leads to a higher number of on-site industries, mistakes, and even system breakdowns. Businesses must react quickly to prevent these interruptions from damaging their own profits. A BI system that actively informs users of changing KPI numbers while users are busy handling a crisis is a vital aid.
Real-time business intelligence reporting tools offers year-round benefits, but those benefits are most visible during times of increased stress, such as the holidays. Programs like IntelliFront BI support business through alerts, availability, and ease-of-use. When it takes less work to get information, it’s easier to put that information to good.