When the month ends, the financial controllers and business analysts get to work. They crunch the numbers and produce the monthly spreadsheets and powerpoints. Ten years ago this was done for financials only and the whole process took 3 to 4 weeks. Today this is done much faster and with more business data living a digital life the scope expanded from financials to sales, marketing, production, project management, IT management and many other business area’s.
There, I said it.
And here is why.
1. Most businesses are still doing "monthly reporting".
2. Most businesses are despite having purchased all the BI tools in the world still using excel and powerpoint to create their reports.
3. Spreadsheets and Presentations are extremely labor intensive and known to be full of human errors.
4. Most BI Licences are never used or hardly implemented.
Some of us are control freaks. They can not let go, they can not unwind, not even on holiday. They keep asking themselves: “what if something happens with the business while I am gone?”
About 2 years ago I decided that it should be possible to run the company from a sandy beach anywhere on the globe using only an iPhone. As a results, we only use business applications in the cloud to run our business. Gmail & Google apps for email and calendaring, Google Adwords for Marketing Salesforce for CRM, Zendesk for support, Freshbooks for invoicing and project management, TribeHR for human resources, Goto Meeting, Skype & Yammer for communication and off course KPI Library to consolidate all the data and turn in into meaningful Business Analytics.
The best decision ever, our business is 100% “holiday ready”. I am really looking forward to the sunny coasts of Italy in august, knowing that each morning I can check out our KPI scorecards, receive daily updates and know that my co-workers do the same so we are not dropping the ball in the summer.
“Within 12 months, every employee will be able to check their email, calendar and their personal top 10 KPIs at the breakfast table using their smartphone or tablet.”