PrimerBusiness insights are precious as the decision made on them can take you far. The real-time, fact based information churned out of transactional data can help gain a competitive edge in your industry. So, if the C level executives in your organization are churning out better decisions it is only because they have excess superior business inte
lligence software. Raw data concerning sales, customer behaviour, inventory, supply chain and others remains lying unutilized in the operational system of the enterprise. BI solutions like WovVBI extracts information out of such data and transforms it to clear insights through data visualization to make tactical & strategic decisions so that executives can achieve their near-term and long-term goals.
Making Sales decisions
This BI reporting software helps discover sales trends according to the customers’ choice, how they react to promotions, experiences while shopping, buying habits and other trends which affect sales. The cloud business intelligence solution gives deep insights into customer buying habits to make better decisions and convert missed sales opportunities. It offers off-the-peg sales trends reports; its records can be drilled down to find out which product sells more and which product is the most suitable for up-selling. The BI visualizations software can clearly single out the most valuable and least valuable customers so that sales managers can make best selling strategies.
Making Marketing decisions
Better strategic marketing decisions can be made only if you know your brand’s position and your client’s position. For that, you will have to let slip out of your grip traditional methods of measuring success. Use WovVBI, the cloud BI Software, to figure out the brand user experiences, know how that experience changes, and the relationship of the users’ experience with the purchase. This information will help you to prioritize campaigns, fine-tune promotions, wield social media handles to optimize marketing efforts and do business forecasting.
Inventory Management decisions
The clever inventory management decisions also stem out of better customer understanding and business intelligence basics. WovVBI gives you necessary insights so that you can completely weigh your customers, which includes their purchasing pattern, sales transactions and delivery times – all these key performance indicators (KPI’s) are important to meet customer demand and play up the importance of understanding customer buying habits for inventory management. This software curtails manual work, automates much of the tasks and provides actionable insights leading to efficiency in the process and better inventory decisions.
Making strategic decisions A report is as effective as it accurately captures the transactional data. With WovVBI (Data analytics software) integrating seamlessly into POS, it captures accurate data that lead to precise reports. By shedding light on historical and current data the software, which is available in free forever plan, predicts future scenarios which help in strategic decision making. You get to see upcoming trends, expected demands through explosive, interactive reports that help strategic decision making.
