What is BUSINESS INTELLIGENCE?

COMMITMENT PROFESSIONALISM QUALITY

BUSINESS ANALYTICS

CLIENTS

Analyze the “Buyer persona” customers of a company, their purchases, repetitions and how to reach them.

It is very important to know what the type of clients of your business is.

website

Online customer behavior is a key to success for sales

Neutral and impartial analysis SEO of the competition and the market to position yourself in sites that attract traffic and sales to your website.

Financial

A commercial strategy is to analyze the company's ratios to detect problems.

Analysis of liquidity ratios, solvency ratios, management ratios or activity ratios

extract data

Save, store and structure the data collected by the business through invoices, business cards, documents, reception, clients, employees, machinery, etc. We will use all this information to improve your sales and internal processes.

capture data

We will obtain your company data through sensors and automatic systems. En Millennials Consulting, we analyze what data is interesting for your business and you are not implementing in your strategy. Example "clients birthday".

FINANCE REPORT

We consult financial reports and database purchases. Through this service we offer you market surveys, we analyze all your potential clients and we design a commercial and action plan for attracting your clients.

What is Business Intelligence?

In Spanish means business intelligence and refers to the use of data, tools and methods that we must apply in our company. This will help us to grow and develop well in the business world and also make it easier for us to make a favorable decision. In addition to creating knowledge that allows us to streamline the procedures carried out in our company.

Nowadays, thanks to technology, new concepts for the daily life of a company are emerging little by little. In this case we will explain one of the concepts that is causing the most talk, and that is, what is the Business Intelligence?. If you own a company or are interested in doing so, to progress in your business We recommend the use of this concept.

Many businesses and companies have discovered that applying this method of work can lead to a good process optimization. In addition to making good and bad reports through its own historical data. This article will explain in detail what it is?What is Business Intelligence for?? How to implement it in my company?

With the Business Intelligence the company's data is processed by extracting, cleaning and loading it into an empty database, given that we use large amounts of data, tools like Zoho Analytics They can help us with this process. In this database, the different production data are collected in different work areas. By doing this we will have better decision making final and are used to make reports. With these reports we will know the advantages and errors that exist in our company.

The reports or reports help to collect and provide all the information of the production data obtained. By putting this into practice frequently we can observe the increase and decrease of the shares in the company. As well as the production in it. In case these 2 observations are low, applying Business Intelligence we can see specifically what we failed.

What is Business Intelligence for?

Business Intelligence is used for our company to grow effectively and provide an optimal and quality result. this tool strategy is considered one of the best thanks to the large amount of information that is collected from it. Making use of the Business Intelligence strategy, our company will take a leap in quality and will allow us to be more competitive and get ahead of our competition.

Apart from provide knowledge of the current situation of your business, we will also have a future projection facing possible errors and failures that may occur. The plans and financial control will not be a problem with the business intelligence method.

With this great business tool you can observe the following characteristics and advantages:

- Take the company or business to a good final decision making
- Create budgets for simpler and more efficient way
- Guarantee access to information through the data obtained
- Create a good support when selecting the data we want
- Obtain independence and knowledge in the users who apply it
- Facilitates decision making of our business or company

- Optimize as much as possible all procedures of our company

- The ability to get to know our company thoroughly to know your imperfections faster.

How to implement this strategy in your company?

The tool we recommend from Millennials Consulting es Zoho ONE, this application will allow you to extract all the data of your company, this application offers you different functionalities that will allow you to obtain all the data of your company, expenses, income, processes, inventory, automations, measurement of the work of the employees, performance, projection of the company, achievement of objectives, deadlines... etc.

Once all the data is collected, we will use a tool called Zoho Analytics, which will allow analyze the behavior of your company detecting its weak points and inefficiencies in order to correct them and be more productive simply and without complications.

Process automation is here to stay. More and more companies realize the potential of tools like Zoho One. The automation of your business and being visible on the internet will help companies to be successful, be more competitive and adapt to new times.