Tags: Essays On Probation And ParoleAvce Ict CourseworkComputer Addiction Thesis PaperBusiness Plan Dance StudioWhat Is Education EssayKindergarten Homework PacketScience Argumentative Essay TopicsArt Essay Fiction Future Novel
The result was a decreased number of emails marked as spam, a three-fold surge in response to marketing initiatives, a 30% reduction in customer churn rates, and a 60% reduction in marketing costs. S., our client was faced with the challenge of having large amounts of data located in disparate sources.The isolated databases had no cross compatibility, preventing our client from utilizing this data when making key business decisions.
What do you do when you have multiple databases and workflows to manage, your cash flow is off, and your customers are asking for access you can’t give? This particular business was managing accounts receivables for their customers via third-party payment agents.
In addition to managing client data, they were struggling to manage their own back office data with no cross-system visibility or streamlined reporting.
Which ones sound similar to what you might be going through right now?
Take a look at these stats on the use of business intelligence: And yet, there are business owners who still ask us if BI is worth the investment.
While the strategy was designed to increase market share, the company lacked the processes and systems necessary to capture and analyze the customer insights that were needed.
Challenges: Solution: RTS Labs implemented a unified business intelligence platform, integrating multiple data sources into a single data mart.
Here are 37 Big Data case studies where companies see big results.
If you could invest in a solution that would help you to run your company more efficiently, make better decisions, and understand your customers better, would you make the investment? ) Business intelligence (BI) is exactly the kind of solution that can make these things happen for you.
While new clients were being acquired and new partnerships were being forged rapidly, a pile of claim denials and receivables were accumulating in the background.
With little insight into the nature of these denials and payment delays, their percentage collections were low and accounts receivables had hit an all-time high.