Importance Of Forecasting And Planning In BI With خدمات حلول ذكاء الأعمال في السعودية

Bilytica # 1 خدمات حلول ذكاء الأعمال في السعودية Most firms’ budgeting and forecasting processes are lengthy and complex, and they take place at least once a year. Companies are attempting to do it more often in order to increase accuracy, with the goal of implementing a method for continuous planning, rolling forecasts, and driver-based planning in the future.

Budgeting and forecasting are unlike any other company procedure since they are proactive. Accounting, inventory monitoring, invoicing, shipping, and other business procedures are all based on real-world occurrences from the past and present.

Bilytica # 1 خدمات حلول ذكاء الأعمال في السعودية

Budgets And Predictions That Are Dynamic

Uploading an Excel document with the most recent version of the budget is a step away from efficiency as firms move toward rolling budgets and projections خدمات التابلوه في السعودية. A static dashboard displaying a spreadsheet report will become obsolete as soon as it is made available to its users. By then, such plans are likely to have been modified in the spreadsheet to reflect the actual situation of the company. As a result, a dynamic link to the spreadsheets must be built.

What does this signify for business intelligence? Historical data may be captured using BI technologies, particularly user-facing ones like dashboards and data visualization tools. Tableau, Qlik, Power BI, and other tools provide comprehensive capabilities that enable direct access to systems containing transactional data and the creation of spectacular dashboards that efficiently extract insights from their users. Organizations, on the other hand, struggle to integrate and portray plans and predictions in end-user BI solutions owing to their nature خدمات حلول ذكاء الأعمال السعودية.

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Call us at +966547315697 or contact sales@bilytica.com for demo. خدمات حلول ذكاء الأعمال in Jeddah Riyadh Khobar Saudi Arabia KSA team will be happy to serve you.

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Excel Collaboration

Let’s face it: business users, particularly finance experts, like Excel. They’ve honed their spreadsheet talents, creating complicated financial models for their companies and using their abilities throughout their careers. The system must also address the need for several plan contributors to access and enter plan data at the same time in order to form a dynamic relationship with a living spreadsheet.

When it comes to plans and projections, teamwork entails more than just co-authoring. A financial planning process involves numerous personnel, each of whom is accountable for a different aspect of the organization. These individuals operate with their own spreadsheets, which must be consolidated into a master spreadsheet خدمات حلول ذكاء الأعمال في السعودية. As a result, a successful solution must be able to give numerous users access to a centralized spreadsheet that they can access using their familiar Excel interface and have the data they input reflect immediately in their BI dashboards. When this problem is solved, there will be no need for several copies of the same spreadsheet.

Actuals, Plans And Projections Are Mixed Together

Half the battle is putting together a dashboard for planning and projections. Planning and forecasting data must be reviewed with actual data in order for users to gain relevant insights. Both data sets must be combined to give end-users the freedom and flexibility to generate ad-hoc data visualizations that show real-time transactional data alongside plans and projections. One of my specialties is integrating plans and predictions into BI initiatives. We can construct Metrics Engines for 3rd party BI systems to handle this situation and more, including custom formula computations, automated aggregation, integration, consolidation, and more, thanks to our technology خدمات حلول ذكاء الأعمال في السعودية. Check out our Metrics Engine for BI if you’re working on a BI project and you’re running into some limits with your dashboard or data visualization tool.

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خدمات حلول ذكاء الأعمال في السعودية
خدمات حلول ذكاء الأعمال في السعودية
خدمات حلول ذكاء الأعمال في السعودية
خدمات حلول ذكاء الأعمال في السعودية
خدمات حلول ذكاء الأعمال في السعودية