6 Critical Steps To Successful Reporting and Planning Systems.
“A step by step Guide for Creating Reporting and Planning Systems”
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Dr Cyril Brookes,from BI Pathfinder (www.bipathfinder.com), says there are really only four fundamental questions for managers. These are:
What is happening in my business?
There are many solutions in the market place to meet the requirements of the first two questions. The real value for most businesses happens when the software can be used to resolve question three, that is Forecasting and Modelling. The software in the market which excels at Planning, Forecasting and modelling, at a price that is accessible to most Australian businesses, is PowerOLAP from Paris Technologies (www.paristech.com).
Key benefits of forecasting using PowerOLAP for Forecasting and Modelling:
Modelling or What if analysis with PowerOLAP
With PowerOLAP, you have limitless flexibility to analyse your data—viewing results according to any business parameter, entering "what if" figures, creating new models that reflect the changing nature of your business. These are just some of the advanced analytical capabilities you will enjoy, while dynamically accessing real-time data from underlying sources direct to your desktop.
Imagine the value of your organizational data—from all sources—if it could be tapped quickly, analyzed multi-dimensionally and reported easily. And what if all this could be done with real-time data? You can organize and analyze up-to-the-instant data from your accounting system and other databases with drag-and-drop, double-click speed. Period, item, style, price, territory, terms, you name it, PowerOLAP can analyze it and report with speed and with ease. This gives you a significant competitive advantage.
Consider the types of analysis your company could benefit from, when you work with unparalleled flexibility and the data right at your fingertips:
What if you could perform "What if" analyses whenever and however you want?
In PowerOLAP or Excel you can enter "what if" figures that will help you chart the near- and longer-term course of your business. You can write changes and save them to a new model, entirely separate from current and historical data (thereby maintaining data integrity), but still combine them for reporting as needed.