Datapine Blog

AUGUST 19, 2020

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. They focus on a specific area and goals in order to spot trends and identify weaknesses. Carrying cost of inventory.

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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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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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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. A good KPI management is critical in the process of manager reporting. 6) Go digital!

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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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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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Datapine Blog

AUGUST 7, 2019

A SaaS dashboard consolidates and visualizes critical SaaS metrics, covering sales, marketing, finance, consumer support, management, and development to offer an unobstructed panoramic view of the SaaS business and achieve better business performance and profit. A SaaS KPI dashboard will help you do just that. click to enlarge**.

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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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Datapine Blog

MARCH 20, 2019

If you apply that same logic to the financial sector or a finance department, it’s clear that financial reporting tools could serve to benefit your business by giving you a more informed snapshot of your activities. Exclusive Bonus Content: Your cheat sheet on reporting in finance! 4 Use-Cases For Financial Reporting.

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Datapine Blog

JANUARY 24, 2021

Agree companywide what KPIs are most relevant for your business and how do they already develop. Research different KPI examples and compare to your own. All of these KPI examples can be valid choices. Be open-minded about your data sources in this step – all departments in your company, sales, finance, IT, etc.,

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Elegant BI

FEBRUARY 28, 2017

ElegantJ BI has become a popular business intelligence solution for small and medium sized business (SMEs), and is pleased and proud to support these businesses with simple, affordable, mobile business intelligence analytics, that provide a foundation for growth and competitive advantage.

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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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Elegant BI

OCTOBER 30, 2012

I want our business to remain competitive, acquire and retain customers; find and train the best resources; and effectively manage production, finances, products and services, and customer relationships. Mobile access to business intelligence can mean the difference between a strong market position and lost revenue.

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Datapine Blog

NOVEMBER 5, 2019

This level of functionality presents a significant advantage over static dashboards, making business performance dashboards a key component to improved business intelligence (BI). Choosing the right KPI is a different topic but you need to keep in mind to focus on a few that will drive actions towards improving your performance.

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Datapine Blog

JUNE 15, 2023

Being data-driven is no longer a choice or a competitive advantage. We are talking about sales, finances, customer service, human resources, and more. Tracking too many KPIs can make your reports confusing and crowded. Check our list of KPI examples to get over 350+ templates for different business functions and industries.

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Datapine Blog

MARCH 31, 2022

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. With this, we do not mean that you need to know how to use every tool in the market, but understanding how these technologies can work to your advantage. a) If You’re A Student.

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Datapine Blog

MAY 28, 2019

In correlation with the planning processes, defining your endgame and setting the right KPIs will create success. While there are numerous KPI examples you can choose from, only a few of them will help you answer specific business questions. If you work in finance, financial analytics will be the backbone of your operations.

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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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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. In turn, the procurement KPI dashboard not only helps with the smooth and successful management of the department but also assists in building brand awareness.

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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. Essentially, this most insightful of logistics KPIs tracks the ratio between the available inventory for sale and the actual quantity sold.

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Datapine Blog

AUGUST 12, 2020

This first example focuses on one of the most important and data-driven department of any company: finance. The importance of this finance dashboard lays within the fact that every finance manager can easily track and measure the whole financial overview of a specific company while gaining insights into the most valuable KPIs and metrics.

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Datapine Blog

NOVEMBER 30, 2023

This is especially valuable in a business context, where data has become a company’s biggest competitive advantage. These examples represent valuable KPIs generated with professional KPI tools. Finance Our list of table graph examples would not be complete without mentioning the financial department.

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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. Let’s say one of your dashboards contains a high-level key performance indicators (KPI) tab that provides snapshots of all your departments.

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Datapine Blog

MAY 27, 2020

A modern data report offers a host of interactive data charts and visualizations you can use to your advantage. The visually rich and interactive nature of these KPIs means that you can gain access to a wealth of invaluable information, both past, predictive, and in real-time. Finance: We should reduce the operating expenses ratio.

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Datapine Blog

MARCH 25, 2022

Financial forecasting : By using predictive analytics to analyze previous financial statements, BA allows you to project sales, revenue, and expenses to ensure healthy finances. The advantages are clear, but what about the indispensable features a simple visual overview can provide you with? Finances: can Iower financial risk?

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Datapine Blog

FEBRUARY 4, 2020

Ultimately, it will provide a clear insight into relevant KPIs and build a solid foundation for increasing conversions. Be it in marketing, or in sales, finance or for executives, reports are essential to assess your activity and evaluate the results. 2) Marketing KPI Report. 1) Marketing CMO report. click to enlarge**.

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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. The value of this monthly reporting template created with professional KPI reporting software lies in its interactivity. click to enlarge**.

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Datapine Blog

MAY 11, 2022

Real-time number charts are particularly effective when you’re looking to showcase an immediate and interactive overview of a particular key performance indicator, whether it’s a sales KPI , site visitations, engagement levels, or a percentage of evolution. Take Advantage Of Color Theory. d) Gauge charts.

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Datapine Blog

JANUARY 21, 2020

There are a number of advantages a company can gain if they approach their reporting correctly and strategically. One business report example can focus on finance, another on sales, the third on marketing. Benefits Of Business Intelligence And Reporting. It depends on the specific needs of a company or department.

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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. Ad hoc financial analysis: An additional ad hoc reporting example can be focused on finance.

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Data Analysis Analysis Retail Business Intelligence 104

Datapine Blog

JUNE 9, 2022

It is no secret that markets are becoming more and more competitive by the day, and whoever doesn’t use data to their advantage will simply stay behind. For instance, the sales target KPI can tell them if the team is meeting its goals or if something needs to be improved. click to enlarge**. click to enlarge**. click to enlarge**.

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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. It may be tempting to create KPIs for everything. More on this point later!

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Datapine Blog

MAY 17, 2021

It helps companies derive trusted insights that they can apply to their competitive advantage. There are many KPI examples you could choose from, depending on your industry and/or department. This will empower everyone in your organization to take advantage of the information and the tools available to them. 2) Be quick.

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