Empowered Reporting with VFA Analytics
In a presentation, your manager points out a particular data set that is missing and that the data in your presentation is not the most current, some recent changes are not reflected in your data.
Has this ever happened to you? It is 4 p.m. the day before your big presentation that you are presenting to the board of your organization. You have been preparing your presentation for the last two weeks, gathering all the relevant data points. To make matters worse, you do not have access to the system where the data is stored, so you have been working off an Excel sheet downloaded for you by the IT team weeks ago. Now, you are stuck... and your only option is to frantically email the IT team to see if they could quickly pull out more information as the clock ticks down.
This is the very scenario that Accruent’s new VFA Analytics reporting tool was designed to prevent. Analytics empowers the capital planning user to be in control of their reporting data. Thus, ad hoc reporting needs can be handled with much more ease than relying on a separate team to create and run reports for you.
Accruent's VFA Analytics.
Compared to downloading static Excel spreadsheets, Analytics can provide dynamic, real-time data insights in HTML through both reports and dashboards. By harnessing the capabilities of the VFA Analytics BI tool, users can also introduce straightforward logic and conditional formatting that will run each time they access the report — saving time and reducing user-caused errors in data analysis.
Take the simple example above: maybe you started with the report in Image 1, and now you need to add a new column with Asset City value. Look at Image 2 – adding that new column in your already-formatted report takes only a few seconds, compared to having to combine two separate excel sheets once you have already completed 80% of your report.
What are the other benefits of VFA Analytics?
- Real-time data access – This is particularly critical for fast-paced organizations where time-sensitivity matters.
- Allow everyone with a license to access materials and collaborate at the same time. Excel is generally a single-user tool which allows for only one person at a time to input or update data.
- Save stylized graphical reports so you only need to create a report with relevant charts or conditional formatting once. It will automatically sync with up-to-date information.
- Provide seamless integration into other data sources, such as other reports or even HTML links directly embedded into your application.
Avoid your team getting bogged down by static data using VFA Analytics’ powerful, real-time insights. To learn more about what VFA can do for your organization, read our blog post, Drowning in Reports? Get Better Insights from Your Data with VFA Analytics or schedule a demo today!