Introduction: In the intricate landscape of modern business, understanding the customer payment landscape is not merely a financial exercise; it is a strategic imperative. It holds the key to unlocking valuable insights into your company’s cash flows while offering a unique perspective on customer behaviour and salesperson effectiveness. This in-depth analysis enables businesses to make […]
Introduction In the complex world of modern business, Key Performance Indicators (KPIs) stand as crucial instruments for assessing an organization’s performance and tracking its journey towards its strategic objectives. These business metrics provide a clear and quantifiable lens through which an entity can gauge its progress, make necessary adjustments, address challenges, seize opportunities, analyse trends […]
Have you ever thought about the central role of product profitability in the financial analysis of a manufacturing company not yet? After determining the machine hour rate and the number of machine hours needed for each product, the overhead costs can be calculated into the product price. This is done by multiplying the machine’s hourly […]
The process of identifying the best bi tool for start-ups is a fascinating journey that involves thoughtful consideration of various factors. The BI landscape is rich with a diverse array of tools, each offering its unique features and capabilities. While it’s tempting to believe that a high-calibre BI tool can effortlessly resolve all business challenges, […]
Business intelligence software: In my work with my SME clients, the one thing that has always perplexed me is the way the owners give importance to their “Inventory”. Many think inventory is just one more step involved in the business. I have observed that at least 20% of inventories at any point in time are […]
Impact of blocked funds: More than 70% of SMEs suffer from funds that are blocked in their business. Funds are blocked mainly in the form of excess inventory and stuck receivables. SME owners see profits in their excel sheet but are not to be found in the bank account. These blocked funds run into crores […]
Business Intelligence implementation: BiCXO is a solution born for SMEs & startups to improve their performance manifold. BiCXO is an Assisted Bi solution, which is a complete package comprising design, development, integration, deployment & continuous support. Business Intelligence tool improves revenues, reduces costs, improves operational efficiencies, improves customer satisfaction, and many such benefits. Business Intelligence […]
Business intelligence solution They say “Data is the new oil” and it is not without a reason. There are numerous success stories of companies that have built robust business intelligence based on data analysis – Netflix, Spotify, Amazon to name a few. Data has stories to tell which would be hard for a human mind […]
At Leadge, we are strong advocates for implementing robust ERP systems along with “Business Intelligence (BI)” solutions to our SME clients in order to improve their business performance and operational efficiencies. While most SMEs have a good appreciation of the importance of an ERP system, not all have a clear understanding of why a […]
Top KPIs When we work with our clients to improve their business performance, the foremost thing we do is ask them to set their KPIs. KPI stands for Key Performance Indicators, which is nothing but a key health parameter to measure if the company is healthy or average or is already sick. It is similar […]