Best Practice & Business Analytics
"Business reporting or enterprise reporting is ‘the public reporting of operating and financial data by a business enterprise’, or ‘the regular provision of information to decision-makers within an organisation to support them in their work’” – Wikipedia
Process documentation driving Best Practice Guides should be fundamental to every business. Unfortunately, it is often overlooked or regarded as an unnecessary or too arduous task. Inevitably, it is often undertaken as a reactive measure rather than a proactive one.
Reporting is fundamental to the larger task of improving business intelligence and knowledge management. Often, implementation involves ETL (extract, transform and load) procedures in coordination with a data warehouse. Reports can be distributed in print or electronic form, and ideally are delivered directly to the desktops and tablets of your stakeholders and budget holders via a business analytics dashboard.
The production of monthly management reports (such as a P&L and balance sheet) is part of every organisation's month-end routine. But it’s becoming increasingly crucial for businesses to see the state of play at any given time of the month or day – businesses need real-time information reporting.
Of course, there are many powerful benefits to having clearly defined business processes and procedures.
- Staff induction and training is simplified
- When 'documented and trained' procedures are not followed, it’s easier to take corrective/disciplinary action
- When someone is off sick or on holiday, another staff member can cover their job
- Ensures optimal efficiency in every department (with greater transparency, there is no duplication of tasks, etc)
- Provides key information to determine new or replacement system requirements
- We can help you define your business processes and procedures, whether this is to simply document the processes that are already in place, or to help you determine and implement new best-practice processes.
"A Business Analyst is someone who analyzes an organisation or business domain (real or hypothetical) and documents its business or processes or systems, assessing the business model or its integration with technology" – Wikipedia
Our team of experts can create industry-specific dashboards, reports, and management packs for Finance, Departments, Budget Holders, FDs, and boards.
Health & Social Care
Distribution
Construction
