Enterprises are increasingly demanding the ability to
provide critical information directly to employees who are most impacted by a
particular issue. The result is business managers who are better equipped to
respond to situations that help drive profitability. For example, Sales
personnel can leverage the power of data analysis and reporting tools to
determine what factors are driving the business (Sales Analysis), track
customer and product profitability, and use sales force inputs to measure
win ratios for key customers.
Admittedly, management reporting is not a new concept.
However, the advent of the web and the consequent heightened expectations
about data transparency and freshness have revolutionized this field. Tools
such as Cognos ReportNet, Hyperion Essbase XTD, arcplan dynaSight, and Actuate
7 are now delivering on the decades old promise of management reporting. They
extend critical business information across and even beyond the enterprise, i.e.
to suppliers and customers.
URS management reporting is Paragon’s value-added to such
software packages. Capable as they are, these vendor products do not deliver
any return until they are professionally integrated with the legacy operational
systems. Paragon’s twenty years experience with consolidating and migrating
mission-critical systems, combined with innovative methodologies based upon
classic Six Sigma tools for process and data analysis, yield a potent answer to
the challenge of implementing today’s promising web-based reporting tools.
Analytics
"Ignorance is the greatest threat to modern business. The
risk of not knowing is immense." (Gartner, Inc.)
For companies that truly aim to use information to drive
business improvements, the goal is clear: work smartly to capture specific
"hard-to-find" information; then act on this information to create an advantage
over competitors.
Today’s business intelligence tools, across the
board, have increasingly offered embedded general, as well as domain-specific,
analytic capabilities. Case studies citing dramatic positive impacts to the
bottom-line abound for investments in analytic capabilities; but these benefits
are often difficult (and sometimes impossible) to predict with accuracy – so
the spoils go to those organizations whose executive management is willing to
make a strategic investment in their information architecture. Paragon’s approach
to delivering analytic excellence focuses on ensuring that such an investment
is focused, reasonable, and guided by industry best practices.
Our BI specialists are expert at identifying, defining, and
developing Key Performance Indicators (KPIs) for the enterprise or for a
specific department – and exposing and visualizing these KPIs via digital
dashboards. Significantly, the CPM dashboards will feature predetermined
thresholds for KPIs as well as alerts and/or other mechanisms to close unnecessary
delays to action.
Guided by the simple principle of metrics plus action,
Paragon’s CPM dashboards will help your organization evolve a disciplined focus
on information and issues that are, by design, of strategic impact to the organization’s
core operations.
The benefits you will accrue include the following:
Ensure consistency in measuring and
depicting metrics about operational efficiencies, sales activity,
profitability, and overall corporate performance information
Monitor and respond to relevant events
and patterns in real time
Make executive management decisions at least 3-4 times faster, and with a greater
degree of consensus and support