Data fuels a business’ future success. Thanks to today’s technology executives can now condense much of this data into an actionable insight that results in bold, strategic thinking and improved decision-making. Unfortunately, a lot of companies aren’t quite where they’d like to be with this process yet. However, this is something that can easily be changed when EBS reporting is used.
While this system may seem difficult to implement and use, there are some tips that will help you get off on the right foot here.
Leverage Familiar Tools
Reporting serves to improve the decisions you make every day. This is why it should be based on a tool that you use every day instead of on a whole new interface. When the reporting process is something you’re already familiar with, you’re likely to become more engaged in it.
Integrate More Data
EBS reporting is only as good as the data it’s been provided with. This is something that can become burdensome if you need to manually find and integrate data from outside the Oracle EBS ecosystem. When your team works with reporting tools that can automatically do this for them, the search will be over before it’s even begun.
Reporting in Real-Time
Unfortunately, many reports become irrelevant just as soon as they’re created. This is why the reporting process is continually being restarted. Having reporting templates available that can be automatically updated with the latest data allows your business’ decision-makers to have the most accurate information possible at their fingertips. This will help to eliminate any distraction that recurring reporting would otherwise cause.
Empower the End-User
With optimized EBS reporting, users are able to create their own reports whenever they need them. They don’t have to wait on help from IT or receive specialized training. This is especially true when your business is using tools that are both intuitive and accessible.
Choose Dynamic Designs
You can never get great insight from static reports that are full of facts and figures. However, with dynamic designs that incorporate visuals people can really understand the data. This is why you want to be able to customize the look, layout, and data of such reports.
With EBS reporting your business has a powerful tool at its disposal. Getting the insights it needs from this data isn’t as challenging as you may think it’d be. You don’t need to spend hours of labor-intensive work to do so. Optimizing your reporting with these tips will make your life easier and your business more profitable.
Leave a Reply