As businesses continue to face a myriad of challenges – paired with the many moving targets also brought on by the pandemic – a real-time, holistic view of company data can help leaders and their teams make informed decisions when it matters. Transforming complex analysis into actionable insight – that is clear and concise – isn’t always easy, but cloud ERP visualisation tools can give businesses increased visibility of their data from a single version of the truth. Furthermore, implementing the adoption of more transparent processes leads to improved learnings and enhanced productivity.
So, how can we implement this functionality so that it works hard for both you and your business? To get the most out of your data visualisation strategy, here’s four things all businesses should bear in mind ahead of selecting the solution.
Refine your message
When it comes to the realm of company data, it’s easy to lose sight of the message you want to communicate. Understanding the finer details – from the information you wish your teams to garner, to how you want those findings to be displayed – can help to ensure data visualisation is bespoke to your business requirements. From quantitative sales to qualitative financial data, from on-demand dashboards to weekly bulletins, these small yet crucial elements only help to perfect the bigger picture. Collaborate with your team at this early stage to determine what works for your business on a grander scale.
Consider the end user
Always ask: who will be utilising this data, and why? While data visualisation may work for you in one way – this may be irrelevant to others wishing to understand their area of the business. By understanding the individual needs of users, solutions like Oracle NetSuite can be harnessed to tailor that data in the most effective way. From department managers overseeing daily operations, to the company C-suite requiring only top-line information to inform business decisions, knowing your audience beforehand can help determine your approach to implementation for increased chances of success; without this consideration, you only risk confusing your audience with the wrong information.
Be open with your team
While some team members may have had previous experience with data visualisation, every solution works differently. For this reason, refresher training is a good idea so as to empower employees (and employers) to get the most out of their company data. With Oracle NetSuite’s Data Visualisation workshops, teams can view a number of helpful tutorials – either as a group session or at their own pace. From the ‘Simple Visual Analysis of Data’ to the ‘Basics of Building a Data Story’ – the videos, along with other analytics resources, can all be accessed here.
Choose the right solution for your business
There are many options out there when it comes to creating clear data representations for your business. With ERP systems like Oracle NetSuite, the visualisation functionality combines disparate data to create a single source of information that is relevant across the entire organisation. Featuring embedded business intelligence solution SuiteAnalytics, insights are converted into meaningful data-centric stories that anyone within the team can understand (minus the programming and technical resources once required in the past). Whatever the industry and whatever size the business, Oracle NetSuite Data Visualisation was designed to complement your ever-changing business requirements – from supporting SMEs to larger teams across an organisation.
See the bigger picture with Oracle NetSuite
Combining Data Visualisation with SuiteAnalytics tools for even more powerful analysis, Oracle NetSuite provides businesses with a number of additional comprehensive features; these include Saved Search, Reports, Workbook and Key Performance Indicators (KPIs) and Dashboarding. So, whether using Saved Search to pinpoint what your need from thousands (or even millions) of records, to exploring data further with more sophisticated filters using pivots and charts via Workbook, Oracle NetSuite’s SuiteAnalytics was engineered to help businesses take their understanding of company data to the next level in one seamless solution.
Companies that sell and distribute products – B2B or B2C – may be interested in our recent insight piece entitled – 5 ways SuiteAnalytics can drive growth for retail and distribution businesses.
Speak to the BrightBridge team about how your company could benefit from Data Visualisation tools. Giving you enhanced visibility of your operations, while paving the way to future growth, we can recommend the right strategy for your business – however big or small. Get in touch today.