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Dig into the data for your trades business. BI reporting is the process of using BI tools to prepare and analyze data in order to view and hare actionable insights. BI tools combine things like static reports, embedded analytics and interactive dashboards to help business owners both present data and analyze that data in a cohesive way.

What are the Benefits of BI Reporting?
-Automated data collection
-Time saved on manual data entry
-Data visibility in real-time from any location via the cloud
-Proactive decision making
-Data is organized based on the unique workflows or visualized in multiple ways via customized dashboards
-Fewer errors and improved business efficiency

BI reporting is the best way to access data about everything to do with your business - both internally and externally. With this complete picture of your business, you can pinpoint inefficiencies and understand why and how they negatively impact your business. Then, you can take action based on your insights to help bring underperforming areas of your business up to your standards. For example, if the installation side of your HVAC business is decreasing, you could offer new customers a discount on the installation of new air conditioners.

But don’t just take our word for it. Blue Wave Communications decreased inventory shrinkage using more than $17,000 by utilizing BI reporting.

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