Identify and migrate unprofitable customers
and products to profitability
Increased cost understanding
Identifying new business opportunities
Predict end of year Balance Sheet and Income
Statement and Cash Flow...
No Surprises
Hundreds of reports
but no insights?
Most organisations have a major problems with their
data. No matter how many reports are generated they cannot get enough
insight into what is driving the business.
Transactional systems such as POS, Sales & Distribution and General Ledgers
are all designed to capture data not release it. So most organisations
either replace their transaction processing system or, as the current
trend suggests, add "business intelligence" tools to enhance their reporting.
In reality what is needed is an integrated approach that aligns day to
day operations with strategic plans. This approach is known as Business
Performance Management or BPM and encompasses integrated reporting, analysis,
budgeting and forecasting.
New to Business Intelligence? Click
here to go to our Frequently Asked Questions for a quick overviews.
From many years of experience in reporting, budgeting
and forecasting systems we have divided information system requirements
into two categories: Efficiency or Effectiveness.
Efficiencycan
be defined as"doing
things right" Effectivenesson
the other hand can be defined as "doing
the right things".
Why is it so important to make this distinction?
Most organisations, especially Small to Medium Enterprises (SMEs)
are still stuck in the "efficiency stage" of their reporting,
analysis, and budgeting functions whereas organisations seeking competitive
advantage in every facet of their business are already at the "effectiveness"
stage.
Reduction in time spent on reporting is the immediate benefit everyone
wants from our products. This is Efficiency. Many business intelligence
solutions provide this. However, we believe that efficiency in reporting
is only 20% of what we do. Our value is from the effectiveness perspective.
Effectiveness relates to the ability to use information and processes
to add value to the business via the alignment of strategies and tactics.
Essentially this is a more proactive, “go forward” approach.
Imagine creating complex reports yourself with
drag & drop ease then entering Sales forecast numbers against products,
stores, or sales reps into a centralised database for all to use….without
having to send that spreadsheet through email (and worrying about who
has the final numbers)
Click
here to read two quick case studies of immediate and dramatic improvements
Click
here to see a summary of solutions and benefits.
FocusBPM .for planning, budgeting, forecasting, analysis and reporting
as one single, manageable and continuous process of improvement and sustainable
growth.