What Is Accounting Business Intelligence?
Accounting business intelligence can be defined as using technology to turn accounting data into actionable insights to improve a company's financial performance. Some metrics and KPIs that are analyzed with an accounting business intelligence solution include:
- gross profit margin
- net profit margin
- current ratio
- quick ratio
- inventory turnover
- accounts receivable turnover
- earnings per share
- price to earnings ratio
- debt to equity
- return on equity
- gross burn rate
- current accounts receivable
- current accounts payable accounts
- payable turnover
- average invoice processing
- cost days payable
- outstanding accounts
- receivable turnover
- days sales outstanding
- inventory turnover
- days inventory outstanding
- cash conversion cycle
- budget variance
- budget creation cycle time
- line items in budget
- number of budget iterations
- payroll headcount ratio
- sales growth
- fixed asset turnover
- return on assets
- selling, general and administrative ratio
- interest coverage
More Resources and Articles about InetSoft's Accounting Business Intelligence Solution
Agile BI Movement - If it's a healthcare center dashboard, they may just not need the clinical data. There may be some of the financial data and so forth. And this is about seeing the data and we would say discovering the stories, I mean the data has stories in it, and it's this agile BI movement that can get to the point where the staff who are making decisions can do easy analytics to see the stories in the data. They are going to get better decisions...
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Automotive Industry Data Dashboard Example - All car manufacturers understand that there is a need for transformation in the market. However, the challenge is: how do they start transforming themselves when their processes and employees are distributed in dozens of countries? How do they become agile and innovative? Before automotive manufacturers begin the transformation process, they must create a roadmap or strategy. To do this successfully, they need to implement a dashboard system...
BI Web Analytics - Looking a business intelligence solution that can incorporate Web site analytics? InetSoft offers a Web-based BI platform that can mashup disparate data sources including Web site logs or data from a Web analytics API. Read articles below about InetSoft's BI and Analytics Solution. An Example of Analyzing Drug Prescription Patterns - Let's continue drilling into this example of analyzing drug prescription patterns. Rather than looking at this by diagnosis or procedure, it's really useful for us to think about where those referrals are really coming from...
Company Business Analytics - The business analytic aspect, though, I think there is a little difference here. Because analysis, itself, is a very widely used word, used to describe a range of activities. For the operational users, they typically are not looking for that type of analysis such as looking at historical data or doing heavy statistical analysis. Instead they are trying to get information out in a real-time fashion...
Complete Business Intelligence Solution - InetSoft provides a complete business intelligence solution for dashboards, scorecards, visualization and reporting that is easy, agile, and robust. How is InetSoft's business intelligence solution easy, agile, and robust? Enjoy a rapid implementation; minimum specialized IT expertise required. Experience a shallow learning curve for business users; only Excel-level skills needed. Make it easy for analysts & administrators; no SQL experience required. Scale up with zero-client deployment and no per-user licensing...
Creating Report Scorecards - InetSoft's reporting software allows users to create report scorecards with the purpose of monitoring key metrics in real-time. A scorecard is used to keep track of certain parameters (e.g., Sales Revenue). Multiple users can monitor these parameters from the Report Portal. These parameters (metrics) can also be measured at regular intervals (triggers). They can be checked against certain conditions (thresholds, time comparisons, custom business logic etc...
Data Mashup Tool Articles - Looking for a data mashup tool? InetSoft offers Web-based BI software that includes a powerful and flexible data mashup tool with direct access to disparate data sources of almost any type. Below are articles related to InetSoft's software. Data Mashups in an Ideal World - What do you think of this ideal world we have been discussing? You have this array of data marts and you can essentially mix and match to create your own dashboard on the fly. Within organizations, it probably makes a lot more sense. I know others are thinking about interoperability with externalities, vendors, external users and such, and how can this internal data I have be shared in a meaningful way with others. But within an enterprise for developing mashups of all of your internal data...
Definition of Analytical Techniques - In terms of a higher level definition of analytical techniques related to processing, there is a common tool or technique called OLAP. OLAP is the acronym for "Online Analytical Processing." The literal meaning of this words is misleading and dates back decades ago to early computing. Nowadays OLAP means being able to cut your data up and aggregate it up into an environment that allows you to do multi-dimensionality analysis...
Expertise in Java, Data Management and Reporting - InetSoft's professional business intelligence consulting services are the complement to the company's award-winning dashboard, reporting, and analysis software products. If you are looking to accelerate the deployment or enhancement of InetSoft applications, our staff is available for a wide range of services from training your staff to turnkey application development and deployment...
Good Reporting Software Vendor - Researching reporting software vendors? Since 1996, InetSoft has been offering flexible, powerful and easy to use reporting software for enterprises and OEMs. Now its award winning reporting tools include pricing options comparable to open source vendors. InetSoft's reporting-only product is Style Report Enterprise. If you also want interactive dashboarding and data mashup then look at InetSoft's flagship business intelligence software - Style Intelligence...
How to Run an Accounting Report - Now, let's run this accounting report. We'll extract the financial data, and this example is running live. Here's all the data for company 100. Now, you can perform analysis on this data. This is the high level. If you'd like to drill down to show more information, you can create a drill that would show you the detailed journal entries. Or you could do what's called a break out. Now, for a break out, you click the icon for break out and then select how do you want to break this information out. Well, in this case go and use the reporting segment to grab reporting segment 2, which I said earlier that's a location. Reporting segment 3 is department. Click ok, and now it's going out and retrieving the information...
How to Make Professional Reports - Although InetSoft's business intelligence products make it easy to create professional reports from a blank page, they also contain features which can make the creation of a group of reports more efficient. Even when working on a single report, certain techniques and principles may simplify the process...
InetSoft Reporting Systems - This is a table of contents of useful product information about InetSoft's reporting system, Style Report Enterprise. Features from Style Report are included in InetSoft's flagship business intelligence software for dashboards, reporting, and analytics - Style Intelligence. Dynamic Reporting - As an innovator in reporting software since 1996, InetSoft has pioneered this evolution towards visualization-driven reporting, and its award-winning software has been deployed at thousands of organizations worldwide and integrated into dozens of other application providers' solutions serving vertical and horizontal markets of their own...
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Information About Report Writer Software - Looking for report writer software? InetSoft offers Web-based reporting software that includes an easy drag and drop designer and powerful production reporting features. Free evaluation download. View a demo. Read customer reviews...
Learn The Four Types of Analysts - Super User, he is a business guy in sales, or marketing, or finance who has gravitated toward the technology, finds that he likes using Excel or the BI tools, likes building reports and rolling up his sleeves and wading into the data. And over time he has become the go-to guy for everyone in the department to build ad hoc reports or ad hoc views of information. He may not have report creation and design as part of his job description, but this is something that he had carved out a reputation doing...
Oncology Claims Analysis - In medical radiation oncology claims the issue there is you get a lot of data. One example is wait times, what is driving higher wait times. Another what would be referrals analysis on physician revenue. Who is bringing in the most referring revenue and which types of patients are they? And we're doing work in financial services and retail banking on promotions and customer loyalty...
Powerful Business Intelligence For QuickBooks Dashboards - If your business is like most other growing organizations, you've been hearing about the promise of business intelligence and data analytics for years. But until recently, the competitive advantage of sophisticated business intelligence was the exclusive domain of deep-pocketed enterprises. Meanwhile, you've been left on the shore, with simple, cookie-cutter reports and dashboards as your dinghy and paddle, if you'll pardon the analogy...
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Read what InetSoft customers and partners have said about their selection of Style Scope for their solution for dashboard reporting. |
Printing Company Selects Finance Dashboards - InetSoft Technology, a pioneer in mashup-driven Big Data analytics and reporting, has announced that Winning Streak, a company that specializes in screen printing and embroidery, will be using dashboards powered by InetSoft's Style Scope to monitor internal sales performance and financial metrics. Winning Streak, located in the Greater St. Louis area, specializes in decorating corporate, team and school apparel. They value their business relationships with each customer and hold themselves to the highest level of quality standards. Their services include but are not limited to, screen printing, embroidery, film, DTG, and tackle twill applique...
Professional Web Report Solution - How do you get the newest, most accurate intelligence about your organization's performance into the hands that need it the most? Through reports accessible over the web. Communicating data efficiently and effectively is paramount to realizing your business plan, for all levels of leadership. InetSoft knows web reports, or charts and tables of visualized data, stats, and metrics, accessed from on the web, are essential for pinpointing where your organization's strengths and weaknesses are. The insights afforded by business intelligence programs are instructive first steps towards solving recurring issues and enhancing winning strategies...
Prominent Insurance Company BI - A prominent insurance company needs to determine which product lines have the potential to produce the most revenue according to customer segment. In order to do so, they must first analyze who their current customers are and where they are located. Using InetSoft allows enterprises to swiftly evaluate multi-dimensional data with simple user created visual representations and the flexible pricing structure affords regional offices with the opportunity to view a complete and accurate picture of their customer base and plan accordingly...
Searching for an enterprise business intelligence solution? - As an innovator in BI software since 1996, InetSoft's award-winning application has been deployed at over 5,000 organizations around the world and integrated into dozens of other providers' solutions serving vertical and horizontal markets of their own...
Show Me a Good Analytics Solution - Looking for information about good analytics solutions? Since 1996 InetSoft has been offering Web-based reporting & analysis software that is easy to use and deploy. Read articles below for more information or click on the Evaluate menu above. Applying Predictive Analytics to IT Performance - When we say business drives technology, what do we mean by that, and how do you apply that to your business world? Well, if you look at the advances of technology, over time in the long history of technology advances, sometimes we get a little bit ahead of the business world. Now in the last few years, a big emphasis has been placed on the value that technology can bring to the business. And I really see a maturing in terms of the need for data warehousing...
Simple to Use Dashboard Software - Nervous that not having IT or programming experience will stop you from building your own dashboards? For those who lack know-how experience, the idea of self-service dashboard building can seem overwhelming. With InetSoft's software, creating dashboards is a quick and simple process, so you can start analyzing business data right away. InetSoft's simple dashboard software is designed with simplicity in mind for both the dashboard designer and the user of the interactive reports...
Sort of Business Intelligence Initiative - / Typically this is the way organizations start with some sort of business intelligence initiative. It begins with canned reporting. This could be a sales report, or it could be regular financial statements. Reports are really designed to answer a specific question or maybe a set of specific questions. Some of you may have experienced reporting packages like Crystal Reports. You might already understand the value of pure reporting; really just getting information in a pixel perfect format to your end user to answer those questions. However, there are situations when a canned report falls short of what you need...
Strictly About Reporting - Now Agile BI is not strictly about reporting. It's about other things. It's about analyzing. I think that's a key point because there are several things going on. I mean reporting in the middle is about statically presenting collected data. It's critical. It's essential, and it answers the 'what happened' question. It's usually from a single system. It can be printed...
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“Flexible product with great training and support. The product has been very useful for quickly creating dashboards and data views. Support and training has always been available to us and quick to respond.
- George R, Information Technology Specialist at Sonepar USA
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Superior Charting Graphics - "What I liked the most was the drag-and-drop feature for putting together a data query.with other solutions you have no choice but to sit and write code.but with Style Intelligence, it doesn't take two to three hours to design reports - you only need ten to fifteen minutes. The more I get into it, the more capabilities I discover that allow me to organize data in ways that make the most sense to me, and excitingly, our users will be able to benefit from these same features. Additionally, Style Intelligence offers truly superior dashboard graphics. Thus, we'll be able to provide our customers with the ability to create highly polished, professional reports." - Tadd Meyers, Business Intelligence Manager at NCN...
Top List of Analytics Products - Looking for a list of analytics products to consider? InetSoft offers a free and commercial version of its Web-based analytics software is easy to use and easy to deploy. VisualizeFree is a free, no-software-download visual analytics tool. Upload your xls and start analyzing! For an enterprise analytics solution download a free evaluation copy of Style Intelligence. Below are additional resources to look at. Demand for Analytics Tools - And as a result we are seeing that there's a lot of demand for analytics tools and specifically features within platforms that allow users to seamlessly connect to and combine a wide variety of IOT data sources, both in the cloud and on premise...
Types of Solutions from InetSoft - Style Intelligence can be used to address many different needs, in many different industries. Applications range from internal use by enterprises accessing almost any data source to ISVs and SaaS providers embedding its dashboard and reporting technologies into horizontal and vertical solutions of all kinds. Look below for the solution that best matches your requirements...
Versatile Business Intelligence Web Solutions - InetSoft Technology has the most versatile and sophisticated intelligence software for your web BI needs. Where some companies can only provide just data mashups or KPI analysis or reporting tools, InetSoft's Style Intelligence™ is a complete package. Style Intelligence™ has a full suite of evaluation and visual reporting tools that directly tackles your most pressing issues such as...
Web Based BI with iFrame Integration - Are you looking for a customizable BI solution that can embed business dashboards into your company's web portal using iframes? InetSoft easily implemented iFrame integration enables organizations to white label the BI solution as their company portal or even as an application to offer to customers. Click on the adjacent dashboard to open an example of a live interactive dashboard embeddable into any portal or cloud-based solution...
Web Based Forecast Reporting - Today we were going to talk about Web based reporting, budgeting, and forecasting. What I thought I would do for today's session is first start with the CFO's view point of budgeting and forecasting and the fact that I think many CFO's look at this budgeting and forecasting practice from a standpoint of two major elements. The first one is about achieving our business objectives. How do we relate our strategic plan and our mission, our vision, and our goals to our budgeting and reporting process...
What is Data Analysis? - If you look at the formal definition of analysis, it is really the studying of the nature of something or determining its essential features and their relations. In the context of business intelligence, analysis's definition is around summarization, or statistical drill-into-detail data exploration. In some cases you're answering a question. In other cases you're projecting into the future...
What Is Exploration and Analysis? - So with exploration and analysis we are really navigating through historical sets of data. It's much more of a top-down type of analysis where we see the results. And then we have a hypothesis, a mental-model of perhaps of what caused that result, and then we go explore the data, drill-down to hierarchies across dimensions to find the root cause. So in that respect it is very deductive type of reasoning that we employ in that type of analysis. But, typically we are using query tools and OLAP tools to do that type of analysis...
Which is the Best Business Intelligence Solution? "We have been particularly happy with the performance that embedding InetSoft's technology has delivered with reports running in seconds, not minutes, which has considerably enhanced the end-user experience. - James McCormick, Project Leader at DSI...