Business Intelligence for the Finance Industry

The banking and finance industry is experiencing continuous changes brought about by advances in technology. The changes are welcome – however not without the accompanying challenges.

As a result, the kind of market we now have is dynamic and Wall Street is making the necessary adjustments, not to dampen vibrancy in the market, but to improve strategies in line with the changing technology. That requires developing new tools and implementing them correctly.

Business Intelligence (BI) Tools for Financial Institutions

There are a lot of tools that have been developed and ones that are worth discussing about are business intelligence tools that help managers identify better management practices and make smarter business decisions. A finance management dashboard is one of these tools.

Here’s a quick look on how this kind of instruments can help in those areas and in other areas such as profitability, reduction of risks and creating competitive advantage.

  • Operational Efficiencies

Improving efficiency is a key to winning in the competition. BI tools can analyze how efficient are the operational processes leading to maximization of resources and expertise and to reduction of operational cost.

How good are you at customer experience? A dashboard can help you improve this at the point where your employees and customers come face to face.

  • Products and Services

BI tools do not only allow managers to track which products and services are performing well but also give them insights on the needs and experience of their customers.

  • Marketing

Do you want to know the best market segment to target? A simple dashboard is all you need to have a good picture of it. The tool can also show you which customer profile gives you the highest revenue and the one that should be put lowest in the list of priorities.

  • Customer Retention

There are customers who are loyal to you. You need to know the reasons why they are staying with your business, but you also need to identify why others are leaving.

Business analytic tools can help you determine the reasons why and lead you to taking steps to improve your retention rates.

  • Risk Reduction

This is an ever-changing world where nothing is 100% certain. How would you keep track of your customers and internal organizations so that you can early detect possibilities of fraud?

You can use BI tools for this. There are also lots of benefits from knowing your clients’ financial capacities, which a dashboard can provide you 24/7.

  • Investment

At some points, managers run out of invest ideas and strategies. The good thing about BI tools is that they can bring in “new” results from real-time data.

New results mean new things that can be explored further for better decision making and development of new approaches to investing. That’s the kind of data and analysis only a dashboard can bring to your organization.

As an example, the number of cars on a shopping mall’s parking lot can be useful in triangulating consumer research. Recently, images from satellites are used to gather data of the global supply of fuel.

These and more examples clearly show how indispensable BI tools can be in the conduct of modern business.

Read more at http://www.infocaptor.com/dashboard/business-intelligence-for-the-finance-industry

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List of “Dashboard” Startups and Products

The idea of building a dashboard application has become synonymous to the idea of a developer thinking let us build a "To-do" application.

This is evident by the sheer amount of dashboard related applications that developers/founders have submitted to Hacker News over the past several years.

The dashboards range from wide spectrum, on one side to personal dashboards, project management dashboards, network dashboards to full blown social media dashboards.

If you are looking to build the next dashboard application or just shopping, it is very interesting to look at all the "Show HN" Dashboard submissions

Read more at http://www.infocaptor.com/dashboard/list-of-dashboard-startups

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Google dashboard for lazy businessman

Categories: Dashboard

Once you start your own business or startup, the very first thing that comes to mind is "How many visitors did my website receive?"

Google Analytics provides tons of metrics and it becomes quite a chore to keep up with all the dashboard pages and filter options. As a small biz owner myself, I went through a phase where I ended up spending significant amount of time checking out Google Analytics

To save time and mental energy on a daily routine task, I asked "What are the most basic metrics I need to measure from Google Analytics?"

The answer pretty much came down as a need to have "one page dashboard that displays various metrics".

Read more at http://www.infocaptor.com/dashboard/what-are-the-bare-minimum-traffic-metrics-that-i-can-track-easily

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Reporting and Dashboard Automation for Marketing

Marketing Reporting and Dashboard Automation

For anyone who works in the marketing sector, customer satisfaction and company progress are of utmost importance.

In the past, entrepreneurs lived by the adage “The customer is always right.” Even then, the satisfaction of customers was the gauge of company owners as to what products or services they would cater. But with technology automating almost every task today, these satisfaction indicators are further expounded and interpreted through analytics and data reports.

Reporting and Dashboard Automation in-a-Nutshell

In analytics, there is a systematic collection and analysis of data taken from several departments, usually interpreted to form a summative assessment of an office, performance, product, or service, or to help companies to develop their plans and achieve their goals. Basically, it’s all about numbers, but these data are relevant to a given office unit.

However, this task of collection and interpretation is a breeze because of reporting and dashboard automation for marketing. What can be done and encoded in days can be accomplished in a matter of minutes, provided the system used is up-to-date.

Read more at http://www.infocaptor.com/dashboard/reporting-and-dashboard-automation-for-marketing

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Benefits Of Transportation and Logistic Dashboards

Transportation and Logistics Dashboard and KPI benefits

Currently, the industry of transportation and logistics is gaining momentum regarding the use of dashboards. Increasingly, non-technical companies involved in this sector are seeing the advantages of implementing data-driven platforms in their marketing goals.

The most particular change seen is the substantial potential as well as interest from small cities to “smart” cities. For instance, startups are co-creating valuable products with transportation and logistics dashboard providers through modern solutions like the TransportBuzz.

Dashboards for Transportation and Logistics

Dashboards or data-driven platforms are a modern way of simplifying how organizations control and manage their access to assets like services and data. Usually, that directs them to the following advantages:

  • More revenue channels.
  • Increased brand awareness and wider reach.
  • External sources that facilitates open innovation.
  • Better operational efficiency.

Read more at http://www.infocaptor.com/dashboard/

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What are the benefits of Manufacturing Dashboards?

Today in the US economy, the major players in the manufacturing industry are electronics, automobile, steel, consumer goods, and telecommunications. And as they offer more advanced products, including tablets and smartphones. These technological advancements significantly influence consumer lifestyles.

Along with these changes, the global manufacturing industry is currently embracing a new key player called metrics based manufacturing. This is actually the latest trend that industries need to consider in their sales funnel. So, what does this mean?

Read more at http://www.infocaptor.com/dashboard/manufacturing-dashboards-what-are-their-benefits

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Google dashboard for lazy businessman

Categories: Dashboard

Once you start your own business or startup, the very first thing that comes to mind is "How many visitors did my website receive?"

Google Analytics provides tons of metrics and it becomes quite a chore to keep up with all the dashboard pages and filter options. As a small biz owner myself, I went through a phase where I ended up spending significant amount of time checking out Google Analytics

To save time and mental energy on a daily routine task, I asked "What are the most basic metrics I need to measure from Google Analytics?"

The answer pretty much came down as a need to have "one page dashboard that displays various metrics".

Read more at http://www.infocaptor.com/dashboard/what-are-the-bare-minimum-traffic-metrics-that-i-can-track-easily

Comments Off on Google dashboard for lazy businessman

What are the benefits of Manufacturing Dashboards?

Today in the US economy, the major players in the manufacturing industry are electronics, automobile, steel, consumer goods, and telecommunications. And as they offer more advanced products, including tablets and smartphones. These technological advancements significantly influence consumer lifestyles.

Along with these changes, the global manufacturing industry is currently embracing a new key player called metrics based manufacturing. This is actually the latest trend that industries need to consider in their sales funnel. So, what does this mean?

Read more at http://www.infocaptor.com/dashboard/manufacturing-dashboards-what-are-their-benefits

Comments Off on What are the benefits of Manufacturing Dashboards?

Benefits Of Transportation and Logistic Dashboards

Transportation and Logistics Dashboard and KPI benefits

Currently, the industry of transportation and logistics is gaining momentum regarding the use of dashboards. Increasingly, non-technical companies involved in this sector are seeing the advantages of implementing data-driven platforms in their marketing goals.

The most particular change seen is the substantial potential as well as interest from small cities to “smart” cities. For instance, startups are co-creating valuable products with transportation and logistics dashboard providers through modern solutions like the TransportBuzz.

Dashboards for Transportation and Logistics

Dashboards or data-driven platforms are a modern way of simplifying how organizations control and manage their access to assets like services and data. Usually, that directs them to the following advantages:

  • More revenue channels.
  • Increased brand awareness and wider reach.
  • External sources that facilitates open innovation.
  • Better operational efficiency.

Read more at http://www.infocaptor.com/dashboard/

Comments Off on Benefits Of Transportation and Logistic Dashboards