Where does your business stand? Get a better idea with data analysis and reporting.
By Barbara Erb, PeakView Data Analyst
A “picture” is truly worth a thousand words.
How often have you sensed issues in your business, but been unable to identify the specifics? Do you have the gut feeling that an issue exists, but no real way to prove your feelings? Maybe you are looking for an easier way than spreadsheets and pivot tables to help you manage your business.
Every company has an abundance of data. However, it takes a special set of skills to be able to transform data into answers to your business questions. The terms “Data Analysis” and “Data Science” are relatively new, but the Mathematical principles behind the scenes have been around for a very long time.
The insurance industry has been using the very same methods to predict their costs and keep their business profitable. The actuaries that have been predicting the health, costs, and likelihood of needing health care are trained in statistical and probability methods that are highly complex. Let’s face it, very few people have that innate ability to understand complex mathematics.
Managing your business based on data is no easy task. Trends are often muddled with data that interrupts the trend. Maybe, there is just so much data that it is overwhelming to make any sense of it. In today’s business world, Data Analysis provides a “picture” in the form of easily accessible, actionable reporting.
Now, you may be thinking, what’s so special about PeakView reports? Well, our Data Analysts have many years of experience in a variety of businesses. We understand how to get the information you want and how to present the data in a report that makes it easy to understand. We transform your data into reports that highlight the answers to your business questions in the form of graphs, data you can drill through, and color-coded values within the report.
At PeakView Solutions, we have dedicated resources to helping you get answers to your business questions in timely, accurate reports and analysis tools. The key to utilizing your data to make better business decisions is collaboration between our Data Analysts and Development teams and those responsible for managing your company’s resources and products. It takes a clear line of communication both ways between the individual creating the report and the end user, teamwork throughout the entire process, and reviews with honest feedback.
We listen to our customers’ needs and are continually striving to expand and improve our reporting to provide a better “picture” of how your business is truly operating.