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Iconixx Insights Blog

AD HOC Reporting & Analysis

By October 26, 2020June 11th, 2024No Comments

Answer Critical Business Questions Quickly

Why is Ad Hoc Reporting & Analysis Important?

Ad hoc reporting is critical to address data analysis needs not met by established, recurring reporting already in your operations process.

A customized business intelligence (BI) report can provide the ability to examine, explore and draw conclusions.  As our business environment evolves, ad hoc analysis can follow those constant changes allowing users to respond to issues and make business decisions faster.

Offer end-users what they need to see, understand and act upon.

DO’s

  • Agile – Answer specific business challenges or questions by using data from various sources and create the report ON THE SPOT.
  • Versatile – Depending on the user’s questions, your reports can be created from scratch or you can modify an existing version related to the same subject.
  • Flexible – Present data in a powerful and compelling visualization that users can easily navigate to inform.  For example, use funnel charts, drop-downs, or scatter plots.
  • Empower – Iconixx business intelligence makes it possible for even non-tech savvy users to create reports, plus you’ll find a more advanced set of features for the experienced users.
  • Shareable – Your report must be easily shared to get the biggest bang for interaction with your team.  This provides the ability for efficient and fast decision-making.

DON’Ts

  • Timing – If you can’t deliver your report in real-time, what’s the use?  Fast decision-making goes far in staying competitive.
  • Clarity – NO spreadsheets please!  Provide the user what they need for analysis and discovery with compelling design that informs immediately.
  • One-dimensional – Static reports can prevent the user from gaining detailed focus on the data thereby losing insights.  Provide access to underlying data expanding possibilities for further analysis.

BOTTOM LINE

Ad hoc reporting / analysis allows the user to answer questions not easily offered by static reports.  They are produced once, run by a user, target a specific question or set of questions, they are much more visually compelling, and are shared with a smaller audience.  This method of data analysis offers a wealth of value to businesses across industries.

Iconixx solutions offers ad hoc reporting capability . . . the power is in YOUR hands.

Upcoming Event!

Iconixx INSIGHTS Presents – Ad Hoc Reporting:  The Power is in YOUR Hands

Thursday, November 5th at 11:00 am ET.  Join us for this online customer huddle – bring all your questions!

REGISTER NOW!

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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.