Tag: Augmented Analytics

Give Your Users Mobile Access to Tally ERP and Tally Prime!

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February 15, 2024

Mobile Access to Tally ERP and Tally Prime with Built-In Analytics is Key to User Satisfaction!

If your team is using Tally ERP or Tally Prime, you know the value of this solution and of its modules. Whether your business users are accountants, finance team members, purchasing professionals, sales managers or performing some other function, the day-to-day use of Tally solutions is key to their role and responsibilities.

‘Today’s users are more demanding and they want the right tools to do their job.’

Companies using Tally include Axis Bank with nearly 92,000 employees, Trafigura with more than 12,000 employees, Rural Electrification Corp. with 550 employees, Reliance Nippon Life Insurance with more than 11,500 employees, and many other businesses.

Mobile Access to Tally Solutions is Key to User Productivity

To make the most of the Tally solution and environment, your business users will need mobile access to Tally and to an augmented analytics solution that will enable analysis of data, allow users to spot issues and trends and identify opportunities, as well as collaborate with other users. Today, mobile access to these tools is more important than ever.

A changing work environment means that businesses must adapt to remote workers, and capitalize on a smaller resource pool, enabling work from home, in airports, at a client location or other location outside the office. This mobile access allows users to continue making progress on projects, and to analyze and assess issues to develop recommendations and strategies, no matter where they are working.

Pre-built reporting is available to users so your team can leverage dashboards, and reporting including sales, banking, payables and receivables, inventory, taxes, cost center reports, ledgers and more with drill-down capability to get to the heart of the issue and find the root cause of a problem.

Today’s users are more demanding and they want the right tools to do their job. They don’t want to wait until they get back to the office to complete a task or make a decision and, as consumers, they are used to having mobile access to all relevant data and tasks. Mobile access via a cloud server allows the user to fetch and display the required data in graph and report form and all interactions and transactions are secure.

‘Whether your business users are accountants, finance team members, purchasing professionals, sales managers or performing some other function, the day-to-day use of Tally solutions is key to their role and responsibilities.’

Find out how SmartenApps for Tally will support your accounting, finance, sales, inventory, and purchasing analytical needs, and bring your team and your business to the next level. Enjoy a 30-Day Free Trial of SmartenApps for Tally. Users can Download and Register for SmartenApps for Tally and use Tally data to analyze, explore and clarify.

Mobile Access to Tally ERP and Tally Prime with Built-In Analytics is Key to User Satisfaction

Original Post : Mobile Access to Tally Solutions is Key to User Productivity!

Can I Ensure That My Analytics Project Gets Approved?

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February 14, 2024

You have decided that your business can benefit from an analytics solution. Now, it is time to convince your executive team, your managers and your users. If you are to gain approval for your initiative, you must take the right approach.

In this article, we discuss some of the primary factors you must consider to build and present your initiative to the various audiences within your organization.

How Can Assure Approval of My Analytics Project?

A four-year study of businesses implementing analytics solutions found the following:

  • Less than 50% of the businesses reported measurable results
  • Only one third of the businesses met their objectives for user adoption
  • 77% said that user adoption was a challenge
  • Only 20% reported that analytics insights provided positive business outcomes

Before you give up on your initiative, consider this: most software projects fail because of poor planning and execution. So, if you can plan appropriately, you will be way ahead of the game. Here are a few factors you will need to include in your review and planning process.

IT Team – Be sure you include your IT team in your planning. You will need a comprehensive understanding of your existing technology, hardware, network and devices and you will need the help of your IT team to assist you in planning roll-out, estimating the cost of new technology to implement your plan, and interviewing prospective solution vendors and service providers.

To Gain Their Buy-In: Involve them, and ask for their opinion. Build a plan and allow them to review it and comment. Listen to their concerns. Ask for their support in working with users. Ensure that the vendor you engage will provide support for IT so that your IT team is not overwhelmed with new and expanded tasks and responsibilities.

Executives – Senior executives will be looking at investment costs, return on investment (ROI) and the total cost of ownership (TCO) and at the value you claim this solution will provide. Be prepared before you approach your executive team. Be sure you have involved all the right players and include representatives of these groups to address concerns and answer questions if the executive team wants to probe and challenge.

To Gain Their Buy-In: Be prepared! Keep your presentation at a high level, but be sure you have the details to answer their questions if and when they arise. Provide more detailed reports for them to peruse at their leisure. They probably won’t dive in, but they will be reassured that you have done your homework. Focus your presentation on a) reduction of cost, b) competitive positioning with EXAMPLES of how analytics will help achieve these goals, c) doing less with more and making the company more productive.

Managers – Managers will be concerned about putting more strain on business users and team members and, since the modern approach to business intelligence and analytics involves the business users and their transition to Citizen Data Scientists, you must focus on the managers and what’s in it for them. How does this help them to do their job? They are accountable for results, and they only have so many team members to get the job done. They are also evaluated, based on how their employees see their management style and effectiveness, and they will not want their team to complain.

To Gain Their Buy-In: Focus on their business processes and workflow and how augmented analytics and business user involvement can speed the process, ensure more fact-based decisions and make the managers look good, without putting more strain on the business user. Ensure that your vendor and IT team have a plan to reassure the managers so that they don’t worry about the use of sophisticated systems that will take a lot of training time. How will the roll-out be done? You want a controlled approach so that users are not spending a lot of time getting up to speed and neglecting day-to-day tasks.

Business Users – As usual, the buck stops with the team member. They are the ones who will be asked to change their processes, learn new systems and take on new responsibilities. Look again at the survey results reported above and notice how poor user adoption affected analytics projects. If you can’t get your users to adopt the solution, your project will fail. Your executives, IT team and managers may think this is a great idea, but they will blame you if the team does not respond positively. Involve users in advance to gather and thereby anticipate their concerns when you present your findings and your plan. Do not be defensive. Listen to their issues and incorporate those concerns into your review and selection of a vendor and a solution. With the right self-serve augmented analytics solution and service provider, you can assure them that a) the system will be easy to use and won’t take a lot of time to learn, b) will make their job easier and c) will give them a career advantage.

To Gain Their Buy-In: Listen, digest and address concerns. Understand that there is a culture shift involved in this process and be sure you acknowledge that at all levels of your presentation, including your executive team. Let’s not pretend this new idea will not require change. It will. But if you work with all levels to assure that new responsibilities will be rewarded in employee evaluations and that the team will be supported by managers who are true champions of the process, you will be ahead of the game. Try to meet with users without IT and managers in the room, and then regroup with the appropriate staff (managers, IT etc.) after you have had a chance to evaluate and address user concerns. Users are more likely to be receptive if they aren’t put on the spot. BUT be sure to control the discussion and the environment so it doesn’t turn into a complaint session. When you are ready to do your sales pitch and you have addressed all their concerns, focus on the user and their hot buttons. Tell them how this solution will help them and assure them that the vendor and your implementation team will be there every step of the way. And then follow through!

For more information and details on how to plan for and achieve success with an augmented analytics solutions, read our free articles: ‘A Roadmap to ROI and User Adoption of Augmented Analytics and BI Tools,’ ‘Making the Case for Embedded BI and Analytics,’ and ‘Integrate Augmented Analytics and Digital Transformation to Achieve Continuous Business Improvement.’

In this article, we have included just a few of the considerations and factors you will have to address in order to build a plan for your Augmented Analytics project. It is a good idea to engage an IT expert – one with the skills and experience to anticipate your concerns, work with you on industry and business issues and plan for a small, medium or large enterprise installation. An expert team can help you manage the technology review and requirements, and plan for your presentation, etc. Be sure you choose a vendor with sophisticated augmented analytics features and functionality in an easy-to-use environment that will support the transition of your business users to Citizen Data Scientists and ensure that your project will succeed. Contact Us to find out how we can help you plan and achieve your goals. It really IS possible!

Original Post : How Can Assure Approval of My Analytics Project?

Smarten Support Portal Updates – January – 2024!

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February 1, 2024

We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal.

If you have not registered yet, Click Here to obtain your login credentials.

Knowledgebase Articles

  1. Datasets & Cubes : Calculating Pending Completion Months for an Ongoing Project
  2. General : Publish : Working with E-mail Delivery and Publishing Task
  3. Installation : Installation on Windows : Bypassing Smarten executable files from Antivirus Scan

Predictive Use cases

  1. Assisted predictive modelling : Classification : Customer Churn model using Smarten Assisted Predictive Modelling
  2. Assisted predictive modelling : Hypothesis : One-Way Anova test using Smarten Augmented Analytics

Forum Topics

  1. SSDP : DataSource : How to improve performance for fetching data from the database?
  2. Others : General : How to add SSL certificate to the Smarten BI Portal?

Manuals and Technical Guides

  1. Smarten-User-Manual-SmartenView
  2. Smarten-Working-with-Sentiment-Analysis
  3. Smarten-Managed-Memory-Computing-Concept

If you don’t find what you need in the Support Portal, we hope you will contact us with your questions, comments or suggestions. We are here to help and to support your business goals and success!

URL: Smarten Customer and Partner Community
Email: support@Smarten.com

Original Post: Smarten Support Portal Updates – January – 2024!

White Paper – Generative AI (GenAI): The Benefits and Application of AI in Analytics

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December 15, 2023

White Paper – Remote and Hybrid Technology Outsourcing Models Are Now Mainstream and the Future is Bright!

White Paper – Generative AI
(GenAI): The Benefits and Application of AI in Analytics

If your enterprise wishes to consider AI in analytics, and plan for its future potential and growth, it is wise to first understand the state of the technology today, the various ways in which AI can inform and improve analytics for your business, the factors you will need to consider to choose the right analytics solution and the things your business should include in its vendor and solution review.

Download White Paper

Smarten Augmented Analytics is Named as a Representative Vendor in Gartner® 2023 ‘Market Guide for Augmented Analytics, Published October, 2023!

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November 23, 2023

Smarten is pleased to announce that its Smarten Augmented Analytics solution is included as a Representative Vendor in the Market Guide for Augmented Analytics Published October 2, 2023 (ID G00780764).

Continue reading “Smarten Augmented Analytics is Named as a Representative Vendor in Gartner® 2023 ‘Market Guide for Augmented Analytics, Published October, 2023!”

Should I Start a Citizen Data Scientist Program?

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October 4, 2023

Is it the Right Time for My Business to Initiate a Citizen Data Scientist Program?

Whether you are a business owner, a business executive or a business manager, or you just like to keep up with industry trends, you no doubt have read about the transition of business users to Citizen Data Scientists. The topic has been in industry journals and publications for years, and it is still relevant today.

Continue reading “Should I Start a Citizen Data Scientist Program?”

Mobile BI Tools for Citizen Data Scientists!

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September 4, 2023

Mobile BI Tools Support Citizen Data Scientists and All Team Members With Access to Critical Data!

When a business takes on a Citizen Data Scientist initiative, it must provide the tools and techniques the business user will need to support the new role. Augmented Analytics is key – with features and tools that make it easy to integrate, find, analyze and share data across the enterprise.

Gartner has predicted that, ‘90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.’

If your organization is doing it right, the Citizen Data Scientist initiative will incorporate support to change the culture, to update the employee evaluation process to encourage the use of analytics and fact-based decision-making, and other factors that influence user adoption and enable the business to move forward with a team alignment.

But one thing many businesses fail to consider is the need for these tools outside the walls of the office environment. If the global pandemic taught us anything is that many employees were forced to work at home or in settings outside the typical office facility. Today, many companies have embraced this concept on a long-term basis, allowing their employees to work from home, or in remote group locations. But even if your business is situated in one more office buildings or store fronts, the chances are good that your team members spend a certain amount of time working outside the office, after hours, on weekends, etc.

‘Mobile BI tools provide the support for your Citizen Data Scientists, data scientists, business analysts, team members, executives, and managers so that every business user can access and analyze data, share, and collaborate.’

Teams today are asked to do more with less and, as work hours expand, and the expectations of businesses change, the team must adapt. Managers, executives, IT teams and others find themselves in situations where they must check the status of a project, approve a purchase or resource acquisition, communicate with a team and assess the need to make changes – the list goes on and on!

Mobile BI Supports Citizen Data Scientists and Data Literacy

Mobile BI tools provide the support for your Citizen Data Scientists, data scientists, business analysts, team members, executives, and managers so that every business user can access and analyze data, share, and collaborate and make decisions on the fly, in a staff meeting, in an airport or hotel, or at home.

To ensure that you choose the right tools for your Citizen Data Scientists, look for a Mobile Business Intelligence solution that offers the following features and functionality:

  • Native app, with seamless user interface for a great user experience (Ux). Available for iOS and Android
  • Extends the office environment. Allows swift analysis and decisions from anywhere
  • Encourages user adoption and provides support for BI investments and data democratization
  • Access rights are defined on the server so security and privacy is ensured at all levels
  • Hosted anywhere within IT infrastructure – on premises, public or private cloud
  • Business Users have access to dashboards, reports, Clickless Analytics – Google-type Natural Language Processing (NLP) Search functionality
  • Start-up is easy, within a few minutes and support is readily available

‘One thing many businesses fail to consider is the need for BI tools outside the walls of the office environment.’

If you want to support your Citizen Data Scientists and every member of your business user team, explore Smarten Mobile Augmented Analytics And Mobile BI. Add powerful functionality and access for your business users with out-of-the-box Mobile BI and advanced analytics for every team member. For more information on Mobile BI and Augmented Analytics, read our article, ‘Understanding The Truth About Mobile BI.’

Original Post : Mobile BI Supports Citizen Data Scientists and Data Literacy!

Self-Serve KPIs Allow Teams to Manage and Adapt!

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August 8, 2023

BI Tools with Self-Serve Multidimensional KPIs Enable Agility and Accuracy!

Gartner research reveals that, ‘data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.’ When  businesses adopt and embrace business intelligence and augmented analytics, the expectation is that the enterprise will benefit by improving data literacy as well as productivity.

But if your business wants to make the most out of BI tools and augmented analytics, it is important to choose the right solution; one that is easy to use and will provide clear results – results business users can leverage to make decisions and to plan accurately. To understand the results and whether policies, processes and tasks are effective, your organization must establish metrics, and those metrics must also be clear.

‘Key Performance Indicators (KPIs) are crucial to this feature set, as they provide critical metrics that enable the business to discover and manage results objectively and to adapt and change quickly and effectively.’

A solution that provides easy-to-use, multidimensional key performance indicators (KPIs) will allow your team to establish metrics that are unique to your needs and to your industry and market and help the enterprise understand how the business measures up in the competitive market, how well the products and services are faring with customers and whether workflow and business processes are having the desired effect.

Multidimensional KPIs Provide Easy-to-Use, Objective Metrics

Benefits of Self-Serve, Multidimensional Key Performance Indicators (KPIs)

  • When the organization gives business users the tools to establish and manage KPIs, it can become more productive. There is no waiting for the IT team or a data scientist to produce important reports, so the team can be agile and flexible.
  • Interactive KPIs provide tools to gather, analyze and measure with breakdown and dynamic frequency and slice and dice so users can focus on critical metrics and gain true insight into results. Users can leverage a powerful expression engine to set polarity, frequency and threshold levels in a browser-based interface and go beyond static monitoring to change frequencies, and dimension breakdowns and gain an understanding of performance and issues.
  • Users can establish and monitor KPIs at the individual, team, department, division, and company level and KPIs are integrated with other features to further analyze trends. Multidimensional KPIs gives business users the opportunity to monitor and manage results against goals and objectives and change processes, tasks, and activities as and when change is required.

‘When your business chooses a BI tool, it is important to choose the right solution; one that is easy to use and will provide clear results – results business users can leverage to make decisions and to plan accurately.’

If your business wishes to improve data literacy and productivity by implementing or upgrading a Business Intelligence or Augmented Analytics solution, it is imperative that you review the available modules, tools and features to ensure that the solution provides easy-to-use, sophisticated functionality that is suitable for your business users. Key Performance Indicators (KPIs) are crucial to this feature set, as they provide critical metrics that enable the business to discover and manage results objectively and to adapt and change quickly and effectively.

Choose a  Business Intelligence Reporting Solution that include Multi-Dimensional Key Performance Indicators (KPIs). Provide business intelligence that your IT team can easily implement and support, and a solution that business users will want to adopt. Choose  flexible, agile business intelligence solutions that can be used at all levels to collaborate, share data, and report and communicate with clarity. Self-Serve BI Tools can provide your business with the foundation to achieve your data democratization and user adoption goals.

Original Post : Multidimensional KPIs Provide Easy-to-Use, Objective Metrics!