Xformity – For all your Business Reporting Needs!
Restaurants in today’s challenging economic climate are increasingly turning to business reporting applications and tools that give them the capability to access risks and make more informed decisions. Business intelligence software systems allow you to collect, analyze and use your business data to gain useful insights about your business. This information can be use to streamline business operations and boost productivity. Fortunately, today business intelligence technology is not only more affordable than it was a decade ago but also easier to deploy.
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An intelligent business intelligence solution like Xformity allows organizations to enjoy a number of benefits. From helping them improve their processes, to controlling costs, to improving customer satisfaction, restaurant management software programs offer tremendous benefits. While the benefits offered by these systems are clearly measurable for the most part, some of the more intangible benefits such as enhanced decision making can help your restaurant gain a leg up on competition.
Let’s have a look at how Xformity can help your restaurant business.
· Easy Access to Business Data
You may have gathered transactional data from a number of different business reporting systems and software in order to provide better services to your clients. Nevertheless, as these data sources grow, the task of monitoring, handling, and processing the data becomes more difficult and challenging.
A business reporting software program like Xformity collects useful information from your data systems and convert this information into well-organized reports, making it easy for managers to gain access to all this data for business reporting and predictive analysis.
· Fast Response Times
With a business reporting software, you’ll be able to view customized reports on a daily basis instead of waiting till the end of month. Through customized reports, you can respond quickly to even the most unpredictable situations in a simple and easy manner. The ability to dig through this information gives restaurant managers a clear understanding of business trends. With this knowledge, adjustments can be made quickly and prevent incidents from happening in the first place.
· Improved Decision Making
With information at their fingertips, restaurant managers can make insightful and well informed decisions. When managers have instant access to reports and analyses, they’ll be able to take proactive measures to improve organizational performance and achieve profit objectives.
By deploying a business reporting system like Xformity, you’ll be able to not only improve your process efficiencies but also foster long term relationships with your clients by gaining their trust.
Differences between Business Analytics and Reporting
You may have seen people use the terms analysis and reporting as though they were interchangeable, however, there is a slight difference between the two. Let’s have a look.
Reporting is the process of organizing overwhelming data into summaries to gain an understanding of how different units of your business are performing. On the other hand, analytics help you explore data and reports in order to obtain useful insights. These insights can be used to improve the performance of your business.
Bottom Line – From Organizational data to Better Decisions
In today’s business environment, where competition between businesses is intense and customers demand exceptional and customized services, it takes more than intuition to keep a business operating at full efficiency. By leveraging the wealth of information, your restaurant business can thrive even in a tight economy.
Visit Xformity.com or call us at: (800) 654-6909 for free in order to schedule a demo.