Anyone who’s spent three hours waiting at the DMV on a Saturday morning knows what process inefficiency looks like. Is your organization overlooking hiccups in its own day-to-day business operations? Maybe you’re not overlooking them, but you just don’t know how to find them. Either way, you probably need a better operational reporting tool. Investing in the right tool means the difference between installing a money pit and gaining a true value-add that will pay for itself many times over.
A common source of operational inefficiency is the lack of a clear vantage point over your company’s data sets as they’re created. This might be because the operational reporting solution you’re using doesn’t play nice with your productivity tools of choice, be it Oracle E-Business Suite, PeopleSoft or other business applications. By the time you’ve imported the morning’s data, it’s already changed. If you want to ensure that your business reports reflect the current company metrics, and that they provide accurate insights, you need operational reporting that seamlessly integrates with your productivity tools to display real time data. Real-time data mitigates one of the biggest challenges faced by users in the reporting and BI space: time to response. The faster a business can respond to what its data is saying, the higher the ROI is for that tool.
To really get that unobstructed vantage point of your business operations, you need intuitive visualization features that can summarize the information you need, be it at the macro or micro level, to make smart decisions – in the moment – that will boost your bottom line. A tool like the one just described pays for itself rather quickly.
That’s exactly what you get with Reporting Workbench for Oracle E-Business Suite and ORBIT Analytics for multi-data source reporting and business intelligence. Both of these tools provide the real-time information that powers data-driven decision making allowing for improved risk mitigation and improved return on investment.