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Achieve company growth with business analytics software

By August 4, 2013June 11th, 2024No Comments

Companies are constantly striving for more, pushing the bar forward in order to improve business and keep an organization moving. Executives are especially occupied with this task – enacting smart company policies, working to be a strong leader and motivating a sales team are all signs of an influential executive. However, in order for a company to move forward quickly, it’s important for VPs of sales and other decision-makers to have the best information available to them. With so much data flowing through a company, however, it can be difficult to decipher patterns, trends and areas of growth through manual processing.

This is where business analytics software comes in. Business analytics takes a complicated process and simplifies it for a company. Keep reading to find out how business analytics software can help a company grow.

Fast results
Business analytics software digs through piles of data automatically and without fuss. Rather than taking up the time of other busy workers to manually enter sales information and sales performance, this powerful program takes information and quickly delivers impressive results. The program can be set to upload information every day, so when a VP of sales logs into the program, they will see up-to-date company information right away.

Reliable data
When a busy HR professional or other employee is charged with the task of manually updating sales data, mistakes are bound to happen. Entering an incorrect sales number in the wrong column on a spreadsheet can affect whether an employee reaches a sales goal or receives proper compensation. Business analytics software, on the other hand, is designed to gather information without error, providing the user with reliable data.

An executive will be able to see sales patterns and industry trends when using this software, helping them make better decisions to drive growth every day.

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Ballast Point Ventures

Ballast Point Ventures is a later-stage venture capital fund established to provide expansion capital for rapidly growing, privately owned companies in diverse industries, with a particular emphasis on companies located in Florida, the Southeast, and Texas. The BPV partners have more than 70 years of combined experience investing in and building high-growth companies in a number of industries, including healthcare, business services, communications, technology, financial services, and consumer goods. BPV has $200 million under management and seeks to make equity investments ranging from $3 million to $10 million.

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Harbert Management Corporation

Harbert Management Corporation seeks to generate superior returns for their investors by identifying and investing in the most promising early growth stage companies in the Southeastern U.S. HMC seeks to capitalize on what it believes are compelling regional dynamics, such as a strong and fast-growing economy, significant research and development activities, and an established entrepreneurial community. The HMC team combines substantial investment, advisory, and operating experience with capital and networking contacts to support great entrepreneurial teams in successfully executing their growth plans. With offices in Birmingham, Alabama; Richmond, Virginia; and Gainesville, Florida, it’s well positioned to partner with entrepreneurs throughout the Southeast.

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KBH Ventures

KBH Ventures was an early investor in Iconixx Software. KBH's investment philosophy plays a significant role in the firm's successful track record. KBH believes in running businesses to be cashflow positive and profitable every month. Startups and companies in a startup mode, such as one that has been purchased in distress, are expected to generate revenue within the first six months and reach profitability within the first 12 to 18 months. KBH also only invests in or acquires companies that are in the startup phase or have less than $20 million in revenues. KBH targets technology companies that offer business-to-business services.

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S3 Ventures

S3 Ventures is an early expansion and growth stage venture firm with $200 million under management. It’s focused on information technology solutions that solve large business problems. S3 also invests in medical devices that improve the human condition. S3 invests in category-defining opportunities. It partners with the team and help focus methodically on what it takes to build a successful company. S3 today helps talented entrepreneurs take their technology and market knowledge and form valuable businesses in a repeatable fashion. Investment sizes start at several million or more for Series A, B, and C financing.