Strategy Consulting to Address Reporting Inefficiencies and Redundancy
It is not surprising for an organization to have thousands of reports and thousands more analytics views. Organizations often do not know:
- Which reports are overlapping applications across business units
- Which reports have overlaps within each business unit
- Which reports are rarely used or obsolete
- Which reports are specific to business units and have no overlap within the business unit or other business units
This leads to reporting inventories that:
- Are duplicates or super-sets/sub-sets of other members
- Contain a non-standard nomenclature with same reports and same data elements carrying different labels (e.g., profit data carrying the name of the labels of gross profit and booked profit)
- Contain reports that are not required but still being published
- Generate reports with a higher frequency than needed
- Have an uncontrolled change management process
Too much information leads to no information due to a lack of trust in the data or ability to absorb the data. HighPoint’s Reporting Rationalization service offering will:
- Understand the current, as-is reports
- Assess the usefulness, or lack thereof, of the reports delivered by obtaining direct feedback from end-users
- Develop a set of recommendations on how these reports should be revised, consolidated, or retired to efficiently provide actionable data to the company
- Prioritize recommendations into actionable tactics
Our proven methodology will quickly assess your reporting situation and provide you with the rationalization recommendations necessary for your company’s business intelligence success.