QlikView Performance Management allows users to rapidly build and deploy analytic apps without the need for professional development skills, driving faster response to changing business requirements, shorter time to value, and more insight across the organization.
Qlik Sense and QlikView share the same engine and a number of core capabilities, but there are differences that reflect both advances in technology and the evolution of customer needs in the market.
QlikView Performance Management Best Practices:
Budget and Planning
Using Prophix as one of the best performance management tools for organisations, That’ll automates the budget and business planning processes. This helps to reduce risks, improve productivity, workflow and accuracy in forecasting.
Analytics and Dashboards
QlikView Performance management helps you at the relevant level, to analyse your business processes through the creation of dashboards and the consolidation of data from various sources, in order to give you a consolidated view of the business processes.
The Business Intelligence solution supports sound business decision-making, reduction in duplicate and redundant data, and elimination of inconsistencies in data, which can hinder information retrieval and usage for decision-making.
Financial Reporting and Consolidation
Through automation of the financial consolidation process, which includes the compilation and distribution of monthly management reports, QlikView will help your organisation to minimise time wastage, speed up the reporting function and ensure accuracy of data, essential for financial reporting.
Business OPTIMIZATION in QlikView Performance Management
- QlikView Performance Management includes optimisation of business value and potential, through the identification of problem areas and the correction of any such problems.
- QlikView help to quantify value, correct broken processes, redesign new processes, report and create dashboards for process control, and train staff. This service is often called process engineering.
Enterprise Risk Management Solutions
- Through the automation of the collection and reporting of enterprise risk management processes, using the Prophix performance management tools, QlikView Performance management will help you to enhance your workflow.
- Spreadsheets become something of the past. We replace such spreadsheets with an integrated database that features workflows, dashboards and reports.
- This makes it possible to budget and do scenario planning. You no longer have to deal with the limitations of spreadsheets and because of the user-friendliness of Prophix, your employees will see the value of budgeting and appreciate the ease with which they can do such. The automation feature also helps to manage risks more effectively.
Prophix Software Suite
- Prophix offers your company advanced performance management tools to help you deal with risks, budgets and financial reporting. Prophix is used by more than 2,400 companies worldwide.
- The software suite makes it possible to budget, forecast and plan using a single platform. It extends management capabilities because of its automation functionality, where non-transactional business processes are automated for maximum efficiency.
- The Corporate Performance Management solutions automate functions such as consolidation, reporting, operational and strategic planning, budgeting and forecasting.
- As a reseller of Prophix, we develop QlikView models for medium and large corporations. We have developed over 50 different QlikView models over the last six years.
Now, you can have all of your KPIs from various sources at a consolidated dashboard, which provides you with the immediate access to important indicators for optimal decision-making.
Types of dashboards include:
- Sales profitability
- Inventory optimisation
The QlikView dashboards are tools for the collection of KPIs from various operational data sources to help you make decisions in near real-time. You thus gain faster access to up-to-date data, without having to consult the original data sources.
With the correct KPIs, it is possible to focus on the right priorities, reach strategic goals, prevent the need for constant crisis management and ensure streamlined decision-making.
Instead of having to develop your own KPIs from scratch, you can make use of the developed templates. Once you have selected the relevant KPIs, QlikView automate your reports and the dashboards for simplifying management and assuring that you can view the performance at any time of the day or night.
Locus IT provides Business Intelligence services such as Performance Management training, Performance Management support, Performance Management implementation using QlickView, Oracle, SAP, Power BI products. We also provide QliKView Support, QliKView Training and QliKView Staffing support. For more details please contact us.