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Not all business processes can be measured in pure financial terms. Some important business drivers which have measurable impacts on key business objectives and overall business performance, cannot be measured in $s or €s.
Likewise some business drivers which can be measured in $s, need to be related to other measures to make them more meaningful (e.g. Increasing Support costs per call serviced tell a different story than reducing Total Support costs).
Measures such as these are often called Key Performance Indicators (KPIs) and give management real Business Intelligence “BI” that helps them make better informed decisions on how to improve performance.
To compete effectively, a business needs an edge to keep it sharp and focussed.
franchiseiQ gives this edge through its BI features. In addition to a full suite of accounting and commercial modules, franchiseiQ incorporates an extensive business analytics capability including:
This enables franchiseiQ to be a full repository for all Business Intelligence including:
All this can be accessible in real time on a user definable Dashboard or extracted to Excel for further analysis.
"Business Intelligence" is part of the franchiseIQ line of products, developed by FranchiseIQ.
franchiseIQ is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.