By transforming raw data into organized reports, businesses are equipped to gauge their performance, identify problems and opportunities, and make more intelligent decisions. Reports can be invaluable when businesses are planning, budgeting, and forecasting a project. And in some cases, they’re necessary to fulfill regulatory requirements. However, not all reports are created equal.
Many businesses rely on canned reports to gain a broad overview of business, and in some cases, an out-of-the-box solution may suffice. But for business owners seeking more nuanced insights into their efforts and the impact of emerging trends, a more tailored report is necessary.
How customized does a report need to be in order to deliver real value to its users? That depends on what you’re trying to achieve.
Clarify and highlight critical data
The best data reports are easy to understand and share, and custom data reporting allows businesses to clarify and highlight the most critical data points to decision-making. Manipulating data to meet specific user needs and to inform specific business decisions simplifies and strengthens data reports, allowing you to more clearly communicate critical insights.
Customize data for different users
While canned reports may satisfy a general audience, dynamic business structures are composed of diverse user groups with distinctive data requirements. Your marketing department needs a different set of data points than your development team. Flexible custom reports offer an opportunity to deliver precision data points tailored to the needs of these different user groups, which saves time and prevents confusion and frustration.
Drive actionable insights
Custom reporting solutions empower businesses to drill down and see the fine details that aren’t always accessible in canned reports. Rather than a boilerplate printout that provides broad strokes and minimal penetration, custom reports can target and extract the specific datasets that will shed light on key performance indicators. When analytics options are customizable, you gain end-to-end and top-to-bottom visibility across your organization, which equips you with the most accurate business intelligence to make important decisions.
Respond nimbly to emerging trends
Unlike canned reports, custom reporting solutions enable companies to track selected events and data in real-time. This facilitates forecasting and empowers businesses to respond to emerging trends with agility. Real-time, tailored reporting allows businesses instant access to data on how plans and projects are performing, allowing users to take advantages of unexpected opportunities and mitigate unanticipated setbacks.
Maximize revenue and minimize losses
Your business is already collecting, processing, and storing data. Antares’ custom reporting solutions empower to you transform that data into valuable business intelligence. We offer a Business Intelligence Assessment to determine how we can help you extract your data through Dashboards and Scorecards for easy review and monitoring. We can provide Data integration along with Reporting and Analysis Services. Contact our team today to capitalize on custom reporting solutions.