Reporting is one of the vital functions of any business. Not only does it help you stay on top of the operations at your store or restaurant, it also ensures that you never miss any lucrative opportunities. However, you can reap more benefits by opting for web based reporting software. With the whole world embracing online tools, including your competitors, the last thing you need is to be left behind -when it comes to business intelligence. So, in addition to leveling the playing field, you can enjoy the following benefits of web based report generation.

Save Time and Money

Web-Based-Reporting-300x236By using web based reporting tools, you’ll be free from having to purchase and install client software on all the computers across your chain. In addition to sparing you from the burden of updating your computers and networks with large apps, you wo
n’t need to establish an IT department or hire an external technician to maintain your system. In turn, you’ll be able to save time and money, two resources you can use to grow your business.

Up-to-Date Solutions

With an online reporting platform, you won’t have to worry about the cost or hassle of updates. Companies providing reporting as a service will update the system, ensuring that you get your hands on the newest version the minute it’s available. Whatever additional upgrades, patches or backups the software needs will be your service provider’s responsibility, not yours.

Added Flexibility

Online reporting tools promote scalability. This characteristic is important for chains since it allows them to scale up or down depending on their needs. Therefore, you can become more proactive and generate profits or cut losses depending on your current financial standing.

Guaranteed Security

One of the biggest advantages of web based reporting is the added level of security, which is vital to ensuring the integrity of your reports. In addition to password protection, expect limited viewing options, a secure validation process, and other privacy and security functions that prevent unauthorized personnel from accessing files and manipulating them for their own purposes.

Convenience

Having web based reporting software is convenient for both you and your staff. The platform is accessible anywhere and at any time. Some tools also come with mobile apps, keeping you up to date in real time.

These are just some of the many benefits that make online reporting platforms a great option. However, you can only enjoy these if you have the right software. If your current tool doesn’t support online reporting, here’s a suggestion: consider switching to Xformity, the business intelligence and reporting tool used by restaurants and retail stores across the U.S.

Xformity is optimized for the device you use to access it, so you can view reports on your Android or iOS device, gaining access to information around the clock. As management happens everywhere, you’ll have access to the most current information regardless of your location. This, in turn, helps you make better, more informed decisions. Xformity further complements its web based reporting with numerous functions and features including ad hoc reporting, transaction level analysis, and data visualizer. With these, your business’ traditional reporting procedures will expandfrom just reporting to accurate and error-free business analysis.

So why miss out on so many opportunities and benefits? Request a customized demo today before your competitors beat you to it.