Are you using the most effective operational reporting platform for your business requirements? The better the software, the more options you’ll have to sort through data and build reports so you can make high-level business decisions.
“Operational reporting tools provide managers with a snapshot of real-time data.”
Operational reporting tools should make organizing information easier than manually doing so with spreadsheets. If you’re spending just as much time developing reports with your operational program as you would just using Excel, you need to find a new tool.
The question now becomes: What reporting platform should you use? The right operational reporting solution should accomplish the following:
1. Decrease end-user reliance on IT experts
When using operational reporting tools, users should easily be able to create reports without asking for help from the IT department. Waiting for reports slows down business operations and affects a company’s bottom line. A true real-time self service reporting tool should integrate seamlessly into your applications. Pre-built content with drag and drop functionalities make it easy for end users to run or build reports without assistance from the IT department.
2. Offer Access to Accurate and Reliable Real Time Data
Operational reporting solutions are useless if they don’t include a reliable means to capture vital, real-time business data. Users should be able to access the most accurate and up-to-date data on demand, without worrying about lag time.
3. Offer Multiple Output Options and Document Bursting
Operational reporting tools should offer multiple reporting output formats to meet end users’ needs, whether it’s Excel, PDF, RTF, BI Publisher, etc. The operational reporting solution should also allow reports to be scheduled in advance and automatically emailed to a predefined list of required users, a feature commonly referred to as document bursting.
4. Include Dashboard Functionality
Dashboards make it easy to identify and interpret important business metrics. Not only should your operational reporting tool include dashboard functionality, it must also be customizable. Make sure users have the ability to pull information from a variety of places within your application.
If you’re thinking of evaluating operational reporting solutions, consider Reporting Workbench, a user-friendly, self-service reporting solution designed exclusively for Oracle E-Business Suite. This tool was designed to provide real-time information directly from Oracle EBS applications in order for organizations to make data-driven business decisions and increase operational efficiencies. Reporting Workbench offers 900+ prebuilt reports across all Oracle applications and leverages the same technology and security as Oracle E-Business Suite to provide an easy user experience and the peace of mind businesses need.