Easy Reports

“Accounting is the language of business.”- Warren Buffett The above quote by the business magnate speaks volumes about the importance of accounting practices. However, it is not easy to follow the best accounting practices in a fast-paced business world. It is important to keep the financial records of your business organized to have a quick view of whether your business is running in loss or profit. You can also know about the amount that you owe or that your debtors owe to you. Comprehending the meaning of the data presented in the financial reports is incredibly tough. In short-it is challenging to get quick information about creditors, debtors account payable, accounts received, and so on. The arrival of cost-effective tools powered by BI has made things easier for account professionals. BI offering valuable business insights Today, BI tools are assisting businesses to have more effective accounting practices in numerous ways. These tools are offering automated reporting, user

Nowadays, there is an abundance of social media channels such as Facebook, Twitter, Instagram, and Pinterest that exert tremendous influence on customers. No wonder, digital marketing campaigns of most businesses have a razor-sharp focus on these platforms. They no longer rely only on search engine optimization (SEO). If you are a business owner who wants to maximize the result of your digital marketing strategy, it is time to embrace business intelligence or BI. Let’s discover how business intelligence can help you in getting the desired results. Eliminate the guesswork With the power of business intelligence, your digital marketing professionals are not required to rely on their instincts while running a digital marketing campaign. You can have insights that can give them a clear idea about which social media platforms are best for their business. So, instead of experimenting on a plethora of social media sites, they can keep themselves focused on two or three platforms

How many times did you get frustrated because of the time that it takes to make any meaning from rows and columns of data? Well, it must be several because most of the reports generated in business organizations have voluminous data in rows and columns. Not only it takes time to understand such reports but also decisions based on these data can be erroneous. It is because of this persistent problem that many organizations across the world have adopted BI tools. Such tools aid in business data visualization and analysis. Now, what is business data visualization? It means the visual representation of your business data. Effective presentation of data A powerful BI tool effectively presents the data in a visually appealing manner with charts, graphs, gauges, custom filters, custom fields, key performance indicators (KPIs), pivot style tables, and more to make the complex task of data analysis a cakewalk for you! Imagine the joy of having the ease of comprehending the meaning

Are you tired of making efforts of streamlining your business processes? Do you think your employees are investing too much time in some specific processes like reporting, invoicing, inventory management, marketing or safety audit? If yes, it is time to find a solution.  According to W. Edwards Deming, “We should work on our process, not the outcome of our processes.” Several entrepreneurs are now making use of the latest technology to have an edge above others. A business intelligence tool is one such technology-driven tool. Let’s find out how you can use the same for transforming your business processes. Automate the task of reporting  If like other businesses, your professionals are still preparing reports manually, this may lead to human errors and wastage of time. You can use a BI tool to fully automate the task of manual reporting without the need to undergo a steep learning curve. You can automate every kind of reports such as sales, inventory, profitability, F

Many steps are involved in a sales process such as lead generation, sending proposals, negotiation, confirmation of sales, product delivery, and receiving final payment. Sales personnel everyday experiences countless hurdles while closing a sale. Most of the times when they try to convert a lead, there are more ‘no’ than ‘yes’.  They have to deal with loads of negativity. Low sales means you need to struggle with dwindling revenue. So, if you are an entrepreneur looking for solutions to enjoy improved sales, it is time to have EasyReports. A Tally BI reporting tool developed by an India-based IT company which is trusted by many across all industry domains. Easy identification of loyal and high-profit customers Although you have always appreciated your sales team whenever they bag a big order, the key to enjoying a successful business lies in having customers who are consistent in placing orders. So, it will be a great benefit to you if you can know who your loyal customers

Are you finally eager to take a giant leap to give an edge to your business by having a BI tool? If yes, you must be cautious and know how to select the best BI tool for your business. Any wrong selection will be only lead to disappointment and wastage of time. So, here the best BI tool selection tips that you must follow.  Define your objective The first step should be to define your objective of getting the BI tool for your business. For example, your business requirements may require you to have a BI tool that facilitates customized reporting, quick access to business data, integration with your ERPs, accurate strategic planning or predictive analysis. Whatever be your business requirement, you must have your objective clearly defined before embarking on searching the best BI tool for your business because every business is different.  Prepare a list Once you have your objective clear in your mind, go ahead and make a list of BI tools that you think can easily fi

In most businesses, data is collected by various means, like online surveys, poll, quizzes, social media platforms, phone calls, emails, and sometimes by feedback forms from customers. Now, the question is why such voluminous data is collected? Why does a business spend its resources and time in data collection? The answer lies in the fact that insights obtained by careful analysis of this data have the potential to drive their business. Eminent viral marketing scientist-Dan Zarella has said: “Marketing without data is like driving with your eyes closed.” Hence, businesses across the world are now using BI tools for better, fast, and accurate analysis of the collected business data. EasyReports developed by a Kolkata based firm is one such BI tool. Let’s explore how the tool helps in data analysis and can drive your business. Various reporting types Apart from regular charts and graphs, features of EasyReports like time-comparative reports and gauge charts help the key decisi

With businesses becoming more complex with time, they are generating and drowning in voluminous amount of information. Most companies either don’t have or are unaware of an advanced tool that could help them in organizing the stored data and analyzing them for their business benefits. Even data collection methods are weak or erroneous due to which the concerned manpower often get perplexed with the report making procedures. Hence, most companies hire trained and highly qualified business analysts to do the job. But is this true? Isn’t there any tool that can seamlessly carry out collection, organization, and analysis of the huge amount of data recorded every minute?    A business intelligence tool was developed with the view of fulfilling data collection, sorting, filtering, analysing and report making through an automated system. Spreadsheets like Excel or ERP software are unable to take the load of the dynamic nature of information, as well as, cater to the changi

The increase in the average annual income of working professionals has increased their appetite for global and quality FMCG products. This demand has led to an explosion of diverse products in the market as well as introduced new players. The competition and challenges that the industry suffers in general due to the critical business model require smart marketing strategies to fight the bottlenecks. To be able to have a competitive advantage over others in the industry, an organization must adopt a business intelligence solution to help them strategize marketing campaigns based on predictive analytics. This is where Business Intelligence tool comes into play for the FMCG industry. FMCG companies generate a colossal amount of data daily which needs proper organization and maintenance. In due time, these data with the help of a business intelligence tool should be able to generate a complete picture of product performance, supply chain, primary and secondary sales, and so o

When it comes to accounting and report making for your business, tally is the most reliable software all over the world. For years it has been the go-to solution for all kinds of accounting and reporting needs. But with the sky level competition among infinite businesses across varied industries, it is becoming pretty tough to rely on tally alone. Accountants need something more dynamic. With the growing challenges of businesses and the necessity for complex information, software developers have developed a business intelligence tool which can be integrated with tally to make it far more efficient to cater to modern report making requirements. BI tool is now the most sought-after software for accounting and data analysis. Any company wanting to get quick access to data can just integrate their tally software with any advanced and robust BI tool. This will be enough to fix all their common reporting problems in one go.     EasyReports is one such BI tool developed with the a

With time Business Intelligence tools have gone through an upgrade. Apart from previously being useful for just analysis of transactional data, they can now perform predictive analysis also. With the real-time analysis feature of a BI tool, companies can get actionable information based on transactional data. This aids the management in taking relevant business decisions and improves their productivity.  Tally is the most widely used accounting software that is used to record data and make reports on the sales of an organization. But it alone cannot keep up with the ever-changing structure of data representation. The advanced business models demand a tool that can cater to the complex requirements of a company’s sales. To generate such reports, the successful integration of tally with a latest BI tool is necessary. This integration of two efficient systems creates a powerful solution to meet the sales and accounting reporting needs. After all, a BI tool along with tally can