Management dashboards: how to make better decisions?

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Dispersed islands of data are not compatible with visionary and fast-reacting management. It is important to have a global view of the data and information that must be considered in order to make the best decisions. This view is made available in a very simple way: through management dashboards.

Today, the democratization of intelligent software empowers non-technical users to analyze and extract insights from data. As a direct result, greater business knowledge is disseminated across the organization’s various profiles, creating a business environment in which decision-making levels are aligned with the same metrics.

But to make good decisions, it is important to know the data and know how to indonesia whatsapp number database with it. In this article, we explain the importance of using management dashboards to make better decisions!

Why is it important to access reliable data?
Using data analysis is the first step towards agile planning and aligning a differentiating strategy during and after the crisis. This analysis is simplified by using analytical solutions that present data in ready-to-use management dashboards to make better decisions.

Main advantages of technology for data analysis
Recognition of opportunities
While on the one hand the insights that smart technology offers make it possible to identify flaws and errors in the strategies that are being implemented, on the other hand, they allow us to anticipate trends, identify opportunities and pursue them, gaining a competitive advantage.

Intelligent information management
Through the use of intelligent technology, all relevant data for the company appears in visually attractive dashboards that facilitate decision-making at all organizational levels.

Identifying failures
Just as it is possible to recognize opportunities, identifying failures in processes or approaches is an added value of using smart technology. Identifying errors and failures is the first step to avoiding serious problems that threaten the future of the business.

Market awareness
Knowing the current players, potential threats, emerging trends, consumers and the evolution of their purchasing habits is key to maintaining a healthy business. By analyzing the data gathered and cross-referenced from different sources, you can easily outline a SWOT strategy, where you can identify your main strengths compared to the competition.
But that’s not all. Using smart technology and management dashboards to analyze data offers several other advantages:

Provides a global view of the business
Generates insights that assist the strategic decision-making process
Facilitates access and sharing of information that supports management
Increases productivity
Allows for gains in competitive advantage
Facilitates the identification of sales opportunities
What information is important to know to make better decisions?
Through an analytics solution, companies and their various departments can easily measure the results of their efforts and measure them with an impressive level of precision and detail. Let's look at some examples of the analytics that these solutions provide:

Sales evolution
Number of customers
Sales volume
Financial data and analysis
Data on the company's human resources
Structured information about the customer portfolio
Best Selling Items
Sales variation by product
Operating results
Products and services sold
Inventory evolution
Sales analysis by period or market
External indicators, such as market and industry-specific data and information
Total sales and sales by product
Objectives set for later comparison with results
Variation in sales by geographic area
Weight of sales in global business volume

Discover the solution that guarantees results
Today, there are already analytical systems that improve the commercial performance of companies. An example of this is the ERP RPIMAVERA, a system that is already equipped with intelligent technology and management dashboards that support managers in always making the best decisions. And it is the ability to collect, aggregate and process data in order to transform it into useful information – processes that analytical systems offer companies – that adds competitive intelligence to business management.

Lead your company into a new era of management
The real challenge lies in the ability to add business logic and strategy to the analyses provided. PRIMAVERA ERP adds competitive intelligence, with always up-to-date data, allowing for anticipated business decision-making.

Transform large volumes of complex data into intuitive management information
The ERP handles the entire analytical process: from data collection to the presentation of information organized in different dashboards.

This entire process is facilitated by the automation of operations, transforming complex data into strategic information, presented in visually appealing and simple graphs that reflect the current state of the business.

Access a set of dashboards with information about the different areas
Accessing information from different perspectives is possible by analyzing a variety of dashboards that provide analysis of what impacts results in all areas of the company, from sales to finance, assets and personnel management.