Business Intelligence Reporting

What it is, why it matters, and best practices.

BI Reporting for Data-Driven Decisions

This guide provides practical advice to help you do business intelligence reporting right.

  1. What Is BI Reporting?
  2. BI Reporting Examples
  3. BI Reporting Best Practices

What Is BI Reporting?

Business Intelligence reporting is broadly defined as the process of using a BI tool to prepare and analyze data to find and share actionable insights. In this way, BI reporting helps users to improve decisions and business performance.

BI Reporting Examples

The term business intelligence reporting can refer to a wide range of use cases in BI—from static reports to interactive dashboards to embedded analytics. While your immediate need may be one specific use case, it's important to plan your BI strategy with the bigger picture in mind. For example, static reports may also need alerts when KPIs pass a threshold. This may lead to requiring real-time dashboards. Dashboards may lead to the need for full self-serve BI so that any user can explore the data to quickly answer questions themselves.

Here are the primary business intelligence reporting capabilities and use cases:

Self-service BI tools let users easily explore data and gain insights without waiting for data analysts.

Self-service BI enables users to easily analyze data without writing code. Further, modern BI platforms that use an associative engine allow users to explore data freely in any direction, recalculating analytics and highlighting data relationships after each click.

Dashboards and data visualization are used to improve understanding, allow collaboration and share information across an organization. Interactive dashboards that include rich data visualizations of charts, graphs and maps make it easier for stakeholders to understand and collaborate. Modern BI tools make it simple for any user to easily interact with the data themselves and create their own custom dashboards with drag-and-drop tools.

Modern BI reporting enables drag-and-drop report creation and formatting, output in popular formats and automated delivery.

Static reports and alerting are also important ways for stakeholders to stay on top of their business and take quick action. BI software should allow users to easily build and share static reports in popular document formats and to set up data-driven, real-time alerts when KPIs pass a threshold.

Click on this image to play the augmented analytics video.

Augmented analytics uses artificial intelligence (AI) and machine learning to enhance human intuition with suggested insights and analyses, automation of tasks, search & natural language interaction, and real-time advanced analytics.

Embedded BI integrates business intelligence capabilities within applications, products, portals or processes. This lets employees, partners, customers and suppliers quickly access data and insights in their workflows rather than switching to a separate application. In this way, embedded BI helps people find insights and make better decisions faster.

Mobile business intelligence lets users create and explore analytics and collaborate using any device.

Mobile BI means that users can share their insights and collaborate with other stakeholders on any device, even if they’re offline. Given the way work happens today, users need to be able to access and analyze their data wherever they are.

BI Reporting Best Practices

Effective business intelligence reporting starts with a set of proven best practices.

  • Identify your audience and their needs. Define in advance of any project or program all BI reporting requirements for different stakeholders. Use KPI examples to help guide teams in selecting the most impactful key performance indicators.
  • Prep your data. Turn raw data into clean, business ready information via data replication, ingestion and transformation to combine different types of data into standardized formats stored in a repository such as a data lake or data warehouse.
  • Be flexible and scalable. Make sure you have a flexible deployment and scalable multi-cloud architecture so that users can access and share data insights between on-premise and cloud deployments while keeping governance and trust standards high.
  • Govern your data. Traditional BI tools require users to go through the IT team to set up permissions. Modern BI tools provide a governed data catalog which profiles and documents every data source and defines who can take which actions on which data.
  • Tell your data story. Learn how to produce compelling visualizations and design dashboards so you can highlight important information and use visual cues to tell your data story in an engaging way.
  • Iterate and evolve. Be willing to adapt your BI reporting process to advances in technology and changes in business needs.
  • Cultivate data literacy. Leverage data literacy training and tools to help your organization become more data-driven.
kpi dashboard examples

Take business intelligence reporting to a whole new level with Qlik

With best-in-class business intelligence reporting, Qlik Sense® sets the benchmark for next-generation data analytics technologies. Our one-of-a-kind associative analytics engine and sophisticated AI empowers people at all skill levels to freely explore data, make bigger discoveries and uncover bolder insights they can’t find using other analytics tools. With Qlik, you can support nearly any use case and massively scale users and data, empowering everyone in your organization to make better decisions every day.

Ready to power up your analytics with Qlik NPrinting?