With the increase in people’s access to computers and the Internet, a new type of business in the form of e-commerce has become popular. By using accurate data evaluation through various types of business intelligence dashboards, it is possible to obtain detailed information about the audience’s needs.
Also, with specific targeting and application of business intelligence, it will be possible to attract customers in the target area and earn money.
According to the received statistics, decision-making based on business intelligence statistics has increased the profit rate of businesses by 79% compared to intuitive reports.
E-commerce is an inseparable part of all new businesses, and you must have the proper knowledge to enter the electronic world. You can see the results of the following list using the information and graphs obtained from:
- Advanced modeling of top businesses in the field of activity
- Analyzing the market’s digital products and comparing it with the results obtained from the company’s information
- Display financial reports related to sales, marketing, advertising, revenues and expenses
- Analyzing financial profit and loss along with providing effective data for informed decision making
- A View OF the activity statistics of personnel and customers
Human resources are the role of the arms of each group, and managers seek to maximize their performance instead of increasing the number of personnel. Inefficient personnel will reduce productivity and even waste the efforts of other employees in many cases.
Therefore, by using the indicators of business intelligence, it is possible to measure the useful activity of the personnel, and in case of any negligence in the implementation of assigned tasks, it is possible to deal with the responsible person. Among the most important things that can be implemented by various types of business intelligence software are:
- Overall work effectiveness
- Overtime hours
- Absence rate
- Calculating the costs of recruiting and training new personnel