“I have data, but I put too much effort into turning it into reports and analyses.” It is a current the challenge for more and more companies, where management requires complex reports on current or historical activity. Operational systems (ERP, for example) contain a high volume of raw data, but processing them is difficult and time-consuming. Most of the time, finance departments work for days to prepare a complex management report. It is mainly based on the export of data in Excel and their manual processing, ending up losing more time with the reconciliation of data and the application of control keys than with the data analysis itself. For companies with more complex activity, the process becomes a difficult task for both the financial and IT departments.
The simplest solution to this challenge is adopting a dedicated tool for “business analytics” such as Qlik Sense. The data will be taken from existing operational systems or even from excel files but will be centralized and processed in an application developed specifically for analysis and reporting. For ten consecutive years (including 2022) Qlik has been recognized as a leader in the Gartner quadrants for “analytics and business intelligence”, which shows a high level of performance and especially innovation.
Mining data gold with Qlik Sense
Qlik Sense is a Business Analytics service that automates the entire activity of collecting, correlating, processing, and validating data taken from multiple sources and transforming them into reports. Qlick Sense offers two major advantages. The first is that it can retrieve data from almost any source: transactional databases (MySQL, Oracle, Azure SQL, Google BigQuerry, Amazon Redshift, PostgreSQL) but also mobile applications, cloud services, Excel files, Mailchimp, Google Analytics, OneDrive, Dropbox and so on. You don’t have to worry that won’t be able to be integrated into Qlik Sense the data you possessed.
The second advantage of Qlik Sense is that it offers all users, regardless of profile and level of training, access to information through a modern interface and advanced self-BI functionalities. This means that users can create their reports and explore the data as they see fit. Reports are dynamic and updated as data changes. Multiple dashboards and visualization options are available to users, and drill-down capabilities allow for in-depth investigations. Users can zoom in to explore a certain situation from multiple perspectives: sales, customers, agents, products, commercial addition, percentage indicators or gross values, etc.
At the same time, the solution offers contextual search functionality (understands the user’s intent and automatically generates results depending on the context) and sends notifications or alerts when data sets are changed or updated. Mobility is at its best, the platform sporting a responsive design and being natively developed for touch interfaces. Beneficiaries can opt to use Qlik Sense in the cloud or an internal IT environment, in both cases the solution is accessible through an annual subscription, at a similar price.
The experience of System Innovation Romania shows that the use of Qlick Sense frees the financial and IT departments from the burden of manual collect and integrating the data, and validating the reports. Moreover, it offers decision-makers the opportunity to explore the data themselves from the most diverse perspectives.
Embedded analytics with Qlik Sense
Qlik Sense allows a high level of customization and “embedded” integration in multiple business applications, portals, and web pages. Due to that function, users can access and view certain data sets directly in their work environment, without opening Qlik Sense. These work scenarios are generally limited to data visualization and allow more data exploration, but offer the convenience of working within a single application. Practically, the data follows the users in their familiar working environment supporting their operational decisions on the fly. For strategic analyses, however, it is necessary to access the Qlik Sense solution.
The embedded analytics facilities can be exploited both to provide access to data to internal users (directly in the ERP system, for example) and customers or partners, through a web portal. External users will be able to view specific data according to the business relationships, from the volume of orders to performance indicators, which will help them make decisions. Consumers of embedded information do not need a license or subscription for Qlik Sense.
What is QlikSense adresability?
Qlik Sense is the ideal solution for organizations that invested in business solutions like ERP and CRM, harvest large volumes of data, and experience difficulties in processing data and extracting value. Moreover, finance departments spend more time and attention on validating data than interpreting results. Qlik Sense is the ideal tool for your company if:
- You consume too much time and energy to produce periodic reports for management (general director, board of directors)
- You need reports over long time intervals (multi-year)
- You obtain the data requested from the Financial Department with great delays
- You need multiple perspectives on economic indicators
- You want to analyze the data yourself and be able to do in-depth investigations
- Want to easily share reports with other team members
System Innovation Romania is a Qlik partner and offers complete services for the configuration, implementation, and use of Qlik Sense, for customers from the most diverse fields of activity, regardless of the data sources they own. With System Innovation Romania you can configure and use Qlik Sense together with any ERP, CRM, or WMS solution that already exists in your company. For more information, contact us at office@sysinconsult.ro.