BI Reporting

BI reporting is a way firms can ensure that their decision-makers have up-to-date and accurate information about the factors affecting their business. When done right, business intelligence reporting provides stakeholders with relevant, timely information and actionable data insights to support data-driven decision making. It helps managers and other organizational leaders monitor and evaluate performance, detect important trends, investigate emerging issues, and identify ways of streamlining and optimizing operations. Regular, focused, accurate BI reporting can help businesses eliminate inefficiencies, abandon ineffective strategies early, make smarter decisions faster, and stay agile in the face of rapid change.

Tools to simplify and accelerate BI reporting

BI reporting can be tedious and time-consuming if firms choose to rely on manual processes and conventional tools like spreadsheets and presentation software. With a modern BI and analytics solution, BI reporting is surprisingly simple. Today’s newest generation of business intelligence solution makes it easy for users to collect, transform, and analyze data from various enterprise systems and sources without requiring the assistance of IT. They help organizations accelerate the process of turning raw data into insights and impactful reports by enabling business users to access, combine, and manipulate data from across locations and sources via a central hub.

Intuitive search-based, visual, and augmented data discovery capabilities allow non-technical users to find, manipulate, and surface valuable insights from data. They can spin up compelling data visualizations in no time at all, interactively explore analytics, and leverage an integrated BI reporting tool to build and share polished business reports in multiple formats. Depending on the tool they use, they may also be able to schedule and automate report delivery and create customized reports using a filtering function to ensure that each user gets only the information relevant to their role and responsibilities. Some BI reporting solutions even provide a convenient self-service portal where users can search for and download the reports they need.

The benefits of using a modern BI solution for BI reporting

By investing in a modern business intelligence solution, firms can achieve faster, more accurate BI reporting and business data analytics by providing users with self-service access to organizational data and technology that makes it easier for employees of all skill levels to interact with and generate insights from data. This new generation of BI solutions is helping democratize data and drive data literacy across the enterprise by putting the power of data science in the hands of regular business users. AI-assisted data preparation, data visualization, and insight discovery allow more users than ever to explore and experiment with data, make impactful discoveries, and create and share eye-catching reports that inspire transformation.

Doing BI reporting right

While having the right tools at hand is a great foundation, effective BI reporting also depends on following best practices. There are a few things to keep in mind when creating and publishing reports. First and foremost, keep it simple and focused. When possible, customize reports for specific people and teams, so that each reader gets only the information they need and can focus on the facts relevant to them. Filtering out unnecessary details improves usability and comprehensibility. Second, while it is important to use eye-catching visuals to present the data, make sure to use visualizations appropriate for the data, graphics that best communicate the underlying message you want to convey. And finally, while consistency and standardization are critical in BI reporting, don’t hesitate to change things as your objectives and needs change. Keeping reports fresh and relevant helps instill trust and confidence in an organization’s reporting.

Qlik for self-service BI reporting and analytics

Qlik is leading the next generation of business intelligence with its robust end-to-end data analytics platform. Bringing together real-time data integration and modern, AI-driven data analytics, Qlik is the only solution on the market that supports you from raw data to actionable insight. With Qlik Sense®, a powerful yet easy-to-use BI and analytics platform, you can empower your users with the tools and technology they need to access and leverage all your data for BI reporting or more complex analytical challenges.

Because Qlik’s Associative Engine indexes and understands all relationships in your data—no matter where it’s stored or how it’s structured—users can explore your information assets freely, unbounded by the limitations of query-based BI tools. Visual analytics allow users to combine and analyze data using beautiful, interactive visualizations. Users can simply drag and drop to spin up smart visualizations and build interactive dashboards, compelling reports, and rich analytics applications. And natural language and conversational analytics help non-technical ask questions and surface insights about their data via natural language search or chatbot.

With Qlik NPrinting, Qlik’s BI reporting and distribution tool, users can share their insights from Qlik Sense via polished reports in a variety of formats including Microsoft Office and pixel-perfect PDFs. Using a simple, web-based client, they can leverage their Qlik Sense visualizations to create and customize reports that can then be delivered via email, made available on the Qlik Sense hub, or downloaded from the Qlik NPrinting portal. This secure, self-service portal allows users across your organization to search for, view, and subscribe to the reports they want. It’s convenient for users and a lot less busywork for time-strapped IT teams.

FAQs

What is a BI reporting tool?

It is a software solution that lets users quickly and easily create and distribute BI reports. They can publish reports in various formats, schedule and automate delivery, and use a filtering function to customize reports for specific roles or teams. Some tools offer a self-service portal through which users can search for and subscribe to the reports they need.

What is operational reporting in BI?

It refers to reporting that is focused on the everyday functioning of an organization. It provides a detailed look at specific processes and functions of a business and helps decision-makers find ways to improve operational efficiency and productivity.

What is the purpose of reporting in BI?

The goal of BI reporting is to provide decision-makers and other organizational stakeholders with up-to-date, accurate information and actionable insights derived from an organization’s data stores. BI reporting is used to distribute the insights gained from data analytics across the enterprise. It should help managers better evaluate performance, eliminate inefficiencies, detect problematic trends early, and identify ineffective strategies.