Take your data visualisation to the next level
Collecting data is one thing, but you’re wasting your time if you’re not able to use your data to drive practical actions. To do this successfully, you need to be able to visualise key data to make it transparent and actionable for various user groups within your organization.
This level of business intelligence relies on real-time dashboards that can summarise key data and display it in a way that propels action. Cubewise has the solution to take modern dashboards to the next level. It’s called IBM Planning Analytics / TM1.
Common challenges
Reliance on business intelligence teams
Without intuitive dashboards, you rely solely on your business intelligence team. This dependence can become a bottleneck that prevents quick results.
Reliance on a centralized function
Your business intelligence team is extremely valuable but if they represent the only way to get the insights you need, it’s going to take a long time to get what you need. There’s nothing more frustrating than wanting to get your hands on a piece of analysis, only to be told you’re number 24 in the queue.
Slow outcomes
Bottlenecks slow down the process of gathering information and that makes your organization far less decisive. By the time you get your report, it might be too late to do anything about it. You’ve wasted everyone’s time and you have nothing to show for it.
Self-service dashboards
Cubewise and IBM Planning Analytics / TM1 allow anyone in your organization to create custom dashboards, empowering them to take business intelligence into their own hands. This speeds up processes and helps create a culture of self-sufficiency where you can get the insights you need on demand and make better decisions in every way.
Errors in data processing
When your data is being manually processed and analyzed, you increase the likelihood of human error.
Data isn’t easily accessible
When your data is spread across different systems, teams, processes and workflows, it’s going to take time for any analysis to take place because there are so many moving parts. It also makes it more likely for errors to creep in as data is moved from one place to another. This assumes the data is accessible in the first place, which is not always a guarantee.
Inaccurate analysis
Laborious tasks degrade the quality of insights because each decision along the way to a final report introduces more judgement and possibility for error. In addition, the integrations between systems might not be robust to changes in data type, quality or source. Unless you’re doing constant audits, there will always be bugs that will creep into the process.
Automated dashboarding
By having your data organized by IBM Planning Analytics / TM1, Cubewise can help you implement automated dashboards that pull data directly from the source and transform it without any manual intervention. This frees up time and resources while also giving more accurate results. You can then focus on higher-level interpretation without worrying about the quality of the analysis itself.
Unclear dashboards
A dashboard needs to be clear and functional, especially for users who aren’t familiar with the data itself.
Too much complexity
There’s a balance between complexity and readability that needs to be struck – when your dashboard overdoes it, it starts to lose its value. This can overwhelm decision-makers and harm their ability to make the necessary changes to operational components.
Diluted impact
A dashboard that isn’t visually appealing has a diluted impact on the business because people aren’t able to make sense of its objective. This results in suboptimal decision-making and lower morale among the people involved in creating it.
Visually aesthetic dashboards
Cubewise and IBM Planning Analytics / TM1 can help you craft clear and compelling modern dashboards that not only display necessary information, but do so in a way that can be immediately actionable. By improving the user interface in this way, you can maximize the impact of insights and reap the rewards.
Leverage the power of modern dashboarding
IBM Planning Analytics / TM1 makes it easier than ever to create intuitive, real-time dashboards that can help you visualise your company’s key data. It’s an invaluable decision-making tool that can deliver a real competitive advantage if used efficiently.
Take your dashboarding to the next level and unlock the untapped potential in your data across every operational division. Make it easy for users to explore your single source of truth and you’ll have employees who are more invested, motivated and productive. What are you waiting for?
Talk to us today and let’s overcome the challenge together.
When a system is unable to adapt to changing business circumstances, it can be tremendously frustrating for all who work with it. Things must go on, of course, and so users will resort to building tedious workarounds, simplifications and shortcuts that only serve to kick the can down the road.
Don’t accept that your business processes are incapable of adapting to fast-moving market changes. Contact us to find out how easy it can be to implement efficient and practical planning, reporting and forecasting workflows.
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