Big data has made major changes in how organizations pursue and effect growth and profitability. However, unlike their larger counterparts, small businesses have yet to harness the power of big data. But that is about to change with the increased use of business intelligence software. The question is no longer whether there are enough data, it is now more about having the ability to understand these numbers so that something could be done about them. This is true not only for small but large companies as well.
One such BI product is ReportPlus, a popular data visualization tool that provides users with a view of critical business metrics from a single console. In this pros and cons of ReportPlus we’ll take a closer look at the software’s key features that are most useful and a few areas for improvement. But first a brief on BI and its importance to businesses big and small, the better you can contextualize ReportPlus around your business needs.
BI solutions were developed to help businesses make sense of big data. They are designed to capture, analyze and turn such information into easy-to-understand reports from which insights that could drive profits can be formulated. Despite the high price tags of such tools, their benefits cannot be undermined. They are utilized for goals such as proper allocation of resources, insight generation for fast decision-making and KPI measurement.
So what benefits can businesses get from using BI software? Aside from gleaning insights that can lead to growth, such solutions can speed up capture of marketing information, provide visibility into the status of a business and use forecasting and predictive analytics to determine future outcomes.
An increasing number of businesses have been looking to business intelligence software to achieve growth. Proof of this is the fact that the global market for such platforms is forecast to expand to $26.5 billion on 2021, up 21.4% from 2019 (at $22 billion). The technology’s usefulness in aiding business growth is seen to fuel this growth. BI software have been providing users with new capabilities. For example, data discovery, which used to be the job of analytics experts can now be easily done through these tools. Such is made possible with the use of visual analytics, providing leaders with the ability to access information and quickly act on them. Further proof of the growing interest in business intelligence software is the fact that 89% of business leaders have been found to believe that big data will revolutionize the way businesses operate the way the Internet did.
ReportPlus offers interactive reports, real time dashboards and can be accessed at any given time as it supports virtually any device. Depending on your preferred deployment setting, the platform can provide architecture through which data can be accessed, be they in the cloud or on-premise.
We also recommend that you sign up for ReportPlus free trial here with a no-commitment policy to help you further investigate this product.
The cloud-deployed version links data to cloud services, local Excel files and on-premise SQL databases, all in real time. This allows relevant employees to come up with custom dashboards anytime, anywhere. ReportPlus’ on-premise version, while sharing the same features, is quite unique owing to its easy installation and maintenance. Both versions essentially provide your whole organization access to web reports.
These features and more make ReportPlus one of the most powerful BI software in the market. Its simplicity and ease-of-use eliminates the need for too much technical knowledge. To top it all off, the platform is one of the best in its category. Its key features include:
Our experts have thoroughly evaluated this software, outlining its features, benefits and even its weaknesses. This pros and cons of ReportPlus article is meant to provide you with a comprehensive guide on the things that you need to know about the platform, which hopefully will help you decide if it’s the right one for your business. The following is an overview of the platform’s features and their corresponding benefits:
ReportPlus streamlines dashboard creation, having been developed by experts in user experience. It is touch-enabled, allowing users to convert ideas into visualizations easily. Anyone can easily navigate the dashboard as doing so does not require too much technical know how. A few clicks is all it takes to accomplish an action, with a drag-and-drop functionality allowing users to quickly link popular information sources. A single tap can set filters while one just simply have to swipe to be able to choose visualizations. Likewise, a single click can share your story across your team.
Hosting an unlimited number of embedded dashboards within applications, the software allows users to expand to new markets and build custom BI platforms. Offering a sturdy partnership with users, the vendor offers services that include architecture workshops, dashboard creation, installation and training. The product is known to improve tracking of operational trends and marketing performance, KPS visualization and customer portfolios, greatly empowering analytics, features and improving focus on customer service. With ReportPlus, you can get your data across more efficiently as it has more than 30 types of visualizations, simplifying the way dashboards are made. It allows for customization, with prefabricated themes readily available while fonts and colors can be changed according to your preferences.
The app makes sure that all your information are secure while allowing you to link them to prefered sources. You need not know how to write code when combining data sources as the tool has the right integrations for the job such as Excel spreadsheets, Google Drive, Numbers, Salesforce and SQL databases, to name a few. The custom visualizations created through the system can be easily embedded into any app of your choice. The dashboards are sure to retain your brand and can reach your user base anytime, anywhere thanks to the solution’s support of all devices.
Aside from those mentioned, ReportPlus is likewise very useful in sales, utilizing sales management, pipeline reporting and sales performance to track sales. You can get a simpler view of business cash flow with the platform’s metrics, performance, accounts receivable and revenue and profitability tools. Marketing can get a significant boost with functionalities such as email marketing, social media and website analytics and marketing campaign tools. The product’s analysis of workforce metrics using human resources and building management measures is very useful in boosting your operations. For small businesses such as retailers, ReportPlus can provide insights to easily connect stores and digital properties.
If there is one flaw that the solution has, it has to be its pricing. Although ReportPlus is being offered on simple and transparent pricing plan, it is perhaps a bit expensive for some businesses. However, for a system as powerful as this one not to mention the myriad of benefits that it offers, the accompanying investment may very well be worth it.
The ReportPlus Desktop and Mobile plan comes for $99.99/user per year, having features like desktop and mobile apps, unlimited dashboards, data refresh rates scheduling, report importation from Excel, Google Sheets and CSV, among others. The ReportPlus Server plan, on the other hand, is being offered for $99.99/user per year, which includes a $5,000 annual server fee. With this plan, you can deploy the platform via cloud or on-premise. It has a dashboard view on the web and desktop and mobile apps, to name a few. Lastly, the ReportPlus Embedded plan can be purchased for $45,000 (a three-year package). It allows for up to 5 named developers, unlimited licenses during the first year, unlimited number of apps and complete services offering.
So there you have it, the pros and cons of ReportPlus. Its huge benefits truly outweigh any minor flaws it may have, which is why this piece of software is highly-recommended for businesses who want to leverage data to achieve growth and accelerate sales. If you want to try it out on your own you can easily sign up for ReportPlus free trial here.
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