Datapine Blog

FEBRUARY 9, 2024

Table of Contents 1) What Is KPI Management? 2) Why Do KPIs Matter? 3) What Are KPI Best Practices? An even more interesting fact: The blogs we read regularly are not only influenced by KPI management but also concerning content, style, and flow; they’re often molded by the suggestions of these goal-driven metrics.

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KPI Management Retail Analysis 88

Datapine Blog

MARCH 16, 2023

At datapine, we believe that in order to successfully utilize the various data visualizations we have available, it is necessary to identify the advantages and disadvantages of each graphic to make sure you are using them in the correct way. Let’s begin with two key advantages of bar graphs. Let’s dive in with the definition.

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KPI Analysis Advantage Advantage 78

Datapine Blog

AUGUST 19, 2020

In the matter, data analysis and dashboard designer software is a precious ally. Inventory metrics can be common to different industries, and it is no surprise that you can identify one as a logistic KPI , but also see it listed as a retail KPI for instance. Out of stock rate inventory KPI.

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KPI Retail Analysis Finance 114

Datapine Blog

MARCH 4, 2020

Here, we will consider the question ‘ What are operational reports,’ delve deeper into strategic reports, and examine a host of best operational reporting analysis practices. Exclusive Bonus Content: Take Advantage Of Our Free Summary! Primary KPIs: On-Time Shipping. Primary KPIs: Revenue per Sales Rep. Let’s begin.

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KPI Finance Benchmarking Sales 67

Datapine Blog

JUNE 18, 2019

In addition to empowering you to take a proactive approach concerning the management of your company’s finances, financial reports help assist in increasing long-term profitability through short-term financial statements. Exclusive Bonus Content: Reap the benefits of the top reports in finance! What Is A Finance Report?

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KPI Finance Loss Sales 100

Datapine Blog

MARCH 21, 2023

Here, you’ll learn the definition, advantages and disadvantages, scenarios on when to use them, types and variations, and a list of column chart examples in a business context. Disadvantages & Advantages Of Column Charts Just like any type of chart, columns have advantages and disadvantages to them.

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Benchmarking KPI Advantage Advantage 69

Datapine Blog

OCTOBER 17, 2019

As Tyrone Cotie, treasurer of Clearwater Seafoods says in 2015 Benchmarking the Accounting & Finance Function report , “…no matter how quickly you compile and release historical financial statements, you never make a decision from them. Ask yourself some important data analysis questions that will help you address the needs of the report.

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Management KPI Benchmarking Advantage 105

Datapine Blog

AUGUST 7, 2019

The additional features provide access from mobile phones, tablets, and laptops so you can access your information and selected SaaS KPIs anytime, any place. Data analysis like never before. Compiling analysis results with the help of interactive dashboards and charts is one of the main features SaaS solution can offer.

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Management KPI Business Business Intelligence 67

Elegant BI

AUGUST 11, 2017

Its customers include well-renowned entities in banking, life and general insurance and non-banking finance companies in India. Herald Logic offers Distribution Management solutions that straddle channel lifecycle, channel compensation and channel performance management.

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Management KPI Competitive Landscape Business Intelligence 81

Datapine Blog

JUNE 5, 2019

To find out more about dashboards and key performance indicators, explore our ever-expanding collection of various business-boosting KPI examples and templates. One of the biggest advantages data dashboards have over more traditional spreadsheets is that they are almost infinitely customizable and flexible. 7) Hospital KPI Dashboard.

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KPI Hospitals Sales Capital 126

Datapine Blog

JUNE 15, 2023

Being data-driven is no longer a choice or a competitive advantage. On the contrary, organizations that fail to implement online data analysis tools to track and optimize their performance will simply stay behind. We are talking about sales, finances, customer service, human resources, and more.

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Knowledge Benchmarking Sales Analysis 83

Datapine Blog

MARCH 31, 2022

This all-encompassing branch of online data analysis is a particularly interesting field because its roots are firmly planted in two separate areas: business strategy and computer science. Added to this, if you work as a data analyst you can learn about finances, marketing, IT, human resources, and any other department that you work with.

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Business Intelligence Intelligence Intelligence Business 95

Datapine Blog

NOVEMBER 5, 2019

And we’re not just talking about marketing, but all your business’ bits and pieces should embrace the power of modern data analysis and utilize a professional dashboard creator that will enhance your data management processes. In today’s information-rich age, there is a tangible link between online data analysis and business performance.

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Hospitals Business Knowledge Analysis 88

Datapine Blog

SEPTEMBER 25, 2019

By using TV dashboard software to your advantage, you’ll boost engagement and foster internal communication. a) Sales KPI dashboard. We start with our sales TV dashboard example which focuses on C-level managers and VPs looking to outperform their targets with each tracked KPI. Primary KPIs: Revenue per Sales Rep.

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KPI Human Resources Knowledge Sales 61

Datapine Blog

MAY 28, 2019

With the help of online data analysis tools , these kinds of projects have become easy to manage and agile in performance. In correlation with the planning processes, defining your endgame and setting the right KPIs will create success. If you work in finance, financial analytics will be the backbone of your operations.

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KPI Business Intelligence Finance Intelligence 127

Datapine Blog

JANUARY 18, 2023

Here, we’re going to explore the 14 most common types of reports in business and provide some examples of when to use them to your brand-boosting advantage. Rather is the sales department, customer service, logistics, or finances, this specific report type help track and optimize performance on a deeper level.

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Retail Finance KPI Research 80

Datapine Blog

NOVEMBER 13, 2019

Thanks to the right KPI software , it is much easier to identify trends and setting goals that will ultimately increase productivity, drive growth, and boost profits. We will continue with tips on how to do a procurement analysis, and wrap up with real-life examples that you can implement into your own business strategies.

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KPI Analysis Management Advantage 63

Datapine Blog

NOVEMBER 30, 2023

This is especially valuable in a business context, where data has become a company’s biggest competitive advantage. Modern online data analysis tools , like datapine, take it a step further by allowing users to mix tables with other types of visuals, add more advanced filters, and even add icons to support data storytelling.

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KPI Analysis Sales Data Analysis 74

Datapine Blog

NOVEMBER 6, 2023

Benefits & Limitations Of Line Graphs As you will learn throughout this guide, line graphs offer a range of advantages that can significantly improve how you interpret and interact with your data. By zooming into the information, you can spot smaller trends and changes that might be relevant to the analysis.

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KPI Knowledge Sales Analysis 74

Datapine Blog

AUGUST 12, 2020

Knowing how to prepare and create one with the help of an online data analysis tool can reduce costs and time to decide on a relevant course of action. This first example focuses on one of the most important and data-driven department of any company: finance. All your financial analysis can be integrated into a single visual.

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Business Retail Benchmarking Finance 119

Datapine Blog

OCTOBER 14, 2020

Take a comfortable seat, enjoy the power of interactive business dashboards , leave your spreadsheets behind, and utilize the advantages of interactive dashboard design and its features. That’s why we welcome you to the world of interactive dashboards.

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KPI Business Analysis Business Intelligence 94

Datapine Blog

MARCH 25, 2022

Descriptive analytics : As its name suggests, this analysis method is used to describe and summarize the main characteristics found on a dataset. However, this has been changing in the past years as new tools emerge that allow users to perform advanced analysis with just a few clicks. Let’s see a conceptual definition of the two.

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Business Intelligence Intelligence Intelligence Business 105

Datapine Blog

MAY 27, 2020

While analytical reporting is based on statistics, historical data and can deliver a predictive analysis of a specific issue, its usage is also spread in analyzing current data in a wide range of industries. No more sifting through droves of spreadsheets, no more patchwork data analysis, and reporting methods.

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Business Hospitals Data Analysis Analysis 98

Datapine Blog

FEBRUARY 4, 2020

An important part of a successful business strategy is utilizing a modern data analysis tool and implementing a marketing report in its core procedures that will become the beating heart of acquiring customers, researching the market, providing detailed data insights into the most valuable information for any business: is our performance on track?

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Marketing Marketing KPI Analysis 112

Datapine Blog

MAY 11, 2022

Discover the power of visual data analysis with our 14-days free trial. As we just mentioned in the introduction, using visuals to boost your analytical strategy can significantly improve your company’s return on investment as well as set it apart from competitors by involving every single employee and team member in the analysis process.

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Business Data Analysis Analysis Sales 100

Datapine Blog

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. There are a number of advantages a company can gain if they approach their reporting correctly and strategically. Decisions cannot be made, analysis cannot be done, and the whole company is affected.

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Business Intelligence Intelligence Intelligence Business 103

Datapine Blog

JULY 1, 2020

In this day and age, a failure to leverage digital data to your advantage could prove disastrous to your business – it’s akin to walking down a busy street wearing a blindfold. And when it comes to finding actionable answers to specific questions, ad hoc analysis and reporting are essential. What Is Ad Hoc Analysis?

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Data Analysis Analysis Retail Business Intelligence 104

Datapine Blog

OCTOBER 21, 2021

From startups to big enterprises, businesses are collecting more and more data every day and, it is no secret, that whoever is not taking advantage of it will simply stay behind. A monthly report is a data analysis tool that provides a summary of the performance of several business processes. 4) What Does A Monthly Report Contain?

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Business Benchmarking Sales Finance 84

Datapine Blog

JUNE 9, 2022

With that issue in mind, data professionals have developed various online data analysis tools that assist organizations with their data management process, from collection to analyzing, and monitoring all in one central location and in real-time. Another important point to consider here is the importance of differentiating metrics from KPIs.

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KPI Finance Sales Business Intelligence 57

Datapine Blog

FEBRUARY 22, 2022

Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on. When thinking about BI we are not only talking about choosing an online data analysis tool.

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Business Intelligence Intelligence Intelligence Business 87

Datapine Blog

MAY 17, 2021

That said, there are data analysis tools that you can use to enhance your efforts. This level of discovery can be described and categorized by: Data preparation Visual analysis Guided advanced analytics. It helps companies derive trusted insights that they can apply to their competitive advantage. 2) Be quick.

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