Uncovering insights about the business and then properly visualizing the data in a meaningful way can be a challenge even for the best of business analysts. Even with a unified business system like NetSuite, people have turned to other applications or spreadsheets to create pivot tables and charts with their business’s data.
Exporting data from one application to another means dealing with two different user interfaces and taking the time to make sure the data has transferred properly. But more important than a cumbersome user experience and time, it can lead to issues within your data—errors and outdated data are two common ones. Also, adding the extra steps of downloading and uploading can leave you vulnerable to errors sneaking into your data or even increase the chances of user errors. The ultimate goal is to handle the data as little as possible. And in today’s business world, data that is even a day old can be outdated. And nobody wants to use old data to make crucial business decisions.
No longer. The SuiteAnalytics Workbook provides an easy-to-use program directly within NetSuite that helps turn real-time data into easy-to-read charts and pivot tables, helping businesses make faster and better decisions to help grow their business.
Here are some of the benefits that SuiteAnalytics Workbook can provide. It’s a powerful, secure way to explore and visualize your data.
- Real-Time – When making key business decisions, the closer to real-time the data is the better. Workbook allows you to pull and easily show real-time business results. You can also set up automated reports so that you have up to date numbers on a standard cadence and that are easily sharable.
- Instant Value – Pre-built templates ensure that business users can easily create Workbooks on the fly without writing a single line of code or complex queries, to seek the desired information quickly. Workbooks is already included with SuiteAnaltyics and comes with more than 15 templates - created with multiple key areas of business in mind: commerce search analysis, production costing, procurement, inventory and supply chain.
- Customizable – Workbook allows you to start with a template then customize it based on your business needs and create sophisticated criteria filters which can be saved, shared and reused.
- Data Visualization –Workbook includes built-in charts, tables and dashboards helping you visualize your data with simple steps to identify real-time patterns. We’ve included up-to-date sorting and filtering capabilities to ensure it‘s easier to read and understand in terms of trending or a timeline. For example, you can sort the "X" axis by the quarter and see production costs per each month ordered per quarter.
As data becomes more and more important to business decisions, having real-time, easy-to-read data at the fingertips is crucial. With SuiteAnalytics Workbook, you have a program that includes an already familiar interface and have the ability to pull in reports from other programs. It’s a streamlined experience to help grow your business easier and faster.
Where to find Workbook templates?
Out of the box Workbooks can be found under the "Standard Workbook" section on your Analytics home page. The Workbook templates are read-only so just save as a new Workbook, make changes as needed and continue using the Save As button.
To further understand the value of SuiteAnalytics and its Workbook feature can bring to your business take a listen the information Joav Bally, Oracle NetSuite’s VP of Product Management and Engineering, SuiteAnalytics, shared.
Source of the blog: Netsuite blog