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Introduction to Intelligent Reporting in ERP Software

Intelligent reporting is a business report based on data, analysis, and visualization, helping enterprises make effective decisions in managing their business operations. Intelligent reporting not only provides information about the current state of the business but also offers forecasts, recommendations, and necessary actions to improve business outcomes.

Introduction to Intelligent Reporting in ERP Software

Intelligent Reporting offers several benefits to businesses, including:

  • - A better understanding of customers, markets, competitors, and industry trends.

  • - Optimization of business strategies, products, services, and marketing campaigns.

  • - Enhanced operational efficiency, cost reduction, and increased profitability.

  • - Identification and resolution of business issues, risks, and opportunities.

  • - Strengthened competitiveness and sustainable development.

To illustrate how intelligent reporting assists businesses in making effective decisions in managing their operations, let's consider an example of an online retail company.

This company aims to increase its sales during the Tet holiday season. To achieve this, the company utilized intelligent reporting to analyze data on customer shopping behavior, such as:

  • - Which products are most and least purchased, and why?

  • - What are the demographics, needs, and preferences of the customers?

  • - Through which channels and at what times do customers make purchases, and at what price points?

  • - What are the customers' opinions on the company's product quality and services?

Based on this data, the company made the following decisions:

  • - Focusing on high-potential products, such as intelligent phones, tablets, laptops, and TVs.
  • - Segmenting customers based on criteria like age, gender, income, and geography, and creating tailored promotions for each group.
  • - Strengthening online advertising and promotions through channels like the website, Facebook, email, and SMS.
  • - Improving product quality and services by providing employee training, enhancing quality checks, and addressing customer complaints.

  1. 1. What functions and features does intelligent reporting have?

Functions of Intelligent Reporting Module:

The intelligent reporting module in ERP software can provide managers with various types of reports based on their needs and objectives. Some common types of reports include:

  • - Financial Reports: These include reports on revenue, costs, profits, cash flow, assets, accounts payable, equity, etc. These reports help managers evaluate the financial position of the business and make decisions regarding investments, borrowing, profit distribution, etc.

  • - Production Reports: These include reports on output, productivity, quality, production costs, inventory, etc. These reports help managers monitor and improve the production process of the business, ensuring customer demands are met, and resources are optimized.

  • - Business Reports: These include reports on sales, customers, markets, competition, business strategies, etc. These reports help managers analyze and direct the business of the enterprise, seek opportunities, and cope with challenges.

  • - HR Reports: These include reports on the number, structure, functions, efficiency, training, benefits, etc. These reports help managers manage and develop the workforce of the business, creating a favorable working environment and encouraging employee engagement.

Features of Intelligent Reporting Module:

The intelligent reporting module allows users to create, view, and analyze reports on the operational status, finances, customers, employees, and critical indicators of the business. The intelligent reporting module provides features such as:

  • - Customization of reports according to users' needs, including data selection, formatting, charts, and filtering criteria.

  • - Exporting reports to popular formats such as PDF, Excel, Word, and PowerPoint.

  • - Sharing reports via email, social networks, or storing them in the cloud.

  • - Accessing reports from any internet-connected device, including computers, phones, and tablets.

  • - Integrating reports with other modules of the ERP software, such as accounting, sales, inventory, and production.

The intelligent reporting module in ERP software can be designed to meet the specific requirements of each business, fitting their industry, scale, and goals. It can also be connected to various data sources within or outside the ERP system to collect and process information accurately and swiftly. This module can also be accessed through mobile devices or web browsers for convenient viewing and sharing of reports.

  1. 2. Benefits of Intelligent Reporting for Each Stakeholder in the Business:

The Smart Reporting Module is a modern tool that supports various components within a company to save time and effort in report generation and data analysis. Below are the ways this module benefits each stakeholder within the company:

For Employees:

  • - Time-saving data entry: The Smart Reporting Module can automatically collect data from different sources and input it automatically, reducing the need for manual data entry and keystrokes.

  • - A better understanding of data: This module can consolidate data from multiple sources and visualize information into charts, graphs, and maps, making it easier for employees to comprehend the work situation and overall business performance.

  • - Quick data analysis: Thanks to its powerful data processing capabilities, the Smart Reporting Module enables employees to perform basic data analysis quickly and more accurately.

For Department Managers:

  • - Overview through reports: The Smart Reporting Module allows department managers to view the overall departmental performance through summary reports and dashboards, helping them efficiently grasp essential information.

  • - Departmental performance evaluation: Managers can easily monitor the performance and progress of their team members through indicators and metrics presented in the Smart Reporting Module.

  • - Tracking key performance indicators: This module helps managers track set targets and objectives and receive automatic notifications if there are any deviations, enabling them to quickly implement corrective measures.

For Directors and Executives:

  • - Business overview: The Smart Reporting Module provides a comprehensive overview of the business's overall performance, allowing directors and executives to monitor and assess the achievement of the company's strategic goals.

  • - Strategic direction: By analyzing data and trends, directors can identify new opportunities and potential challenges, enabling them to build and adjust business strategies more effectively.

The Smart Reporting Module in ERP software is a valuable tool for efficient business management, providing managers with the necessary information to make wise and timely decisions. If you are interested in this module, please contact us for consultation and support.

EnterSoft Software Solutions Joint Stock Company

Email: info@entersoft.com.vn - kinhdoanh@entersoft.com.vn

Phone: 0985.200.060

Website: www.entersoft.com.vn


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