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RBA promotes SMART management practices for enhancing organizational performance through structured facilitation of Performance Management cycle of “Measure- Monitor- Manage-Analyze-Plan” as follows: * Specific Goals/ Objectives can be easily defined using industry standard frameworks and pre defined content. * Measurement – Monitoring - Management of performance can be done using Personalized Dashboards, Scorecards, Alerts and Workflow. * Analysis of performance can be done using Strategy Maps, Metric Analyzer, Reports, Cause-Effect maps, etc. * Realistic target setting is facilitated though the Planning module. * Timely alerts based on business rules are triggered through Business Activity Monitoring.
The tool sets provided as part of RBA include Scorecards, Dashboards, Business Activity Monitoring, Query & Reporting, frameworks for Workflow Modeling, Data Warehouse Modeling, and ETL (Extract, transform and load).
"Business Analytics" is part of the Ramco DecisionWorks line of products, developed by Ramco Systems.
Ramco DecisionWorks is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.