How To Make Retail Reports Both Powerful And Actionable
Reports can be valuable tools providing information, insight, and inspiration, or they can be mind-numbing waves of meaningless words. The secret to making reports on retail analytics both powerful and actionable is using software that integrates data and comprehensive analytical tools with the capability to use pre-configured templates for reports, dashboards, pivot table queries, and graphs.
Pre-configured or Customized?
Templates are springboards to customized presentations because the basic format does not need to be recreated every time. Energy can be directed at tracking critical performance measures and exploring exactly what is going on in your business. Customizing can present data in the format or color you choose and write/edit as necessary before scheduling expensive printing.
Perfect reports — every time — are more than presentation. Perfect reports reflect accurate data and insights in every area and lead to improved decisions. Improved decisions are far-reaching in scope and can improve operations exponentially.
Information Can Be Presented Intelligently
Everything about ChainDrive’s Retail Analytics component is designed with “built-in business intelligence” because the entire integrated retail management software suite is the result of experienced retailers and expert software designers collaborating to create a solution to real-life retail pain points.
Because data collected must be analyzed intelligently, the technology to leverage an integrated, centralized database with comparative views of all financial and operational data is part of the component. The ability to look at historical and current data in many ways is essential for wise business decision-making.
But the best information and analysis is useless if it is not presented to the decision-making bodies in a way that accurately portrays the information. This is why the Advanced Report Writer/Editor tool is essential for fully optimizing the results of analysis.