Management
A group of high-level associates hired by a business to take on essential responsibilities within the business. Management analytics involves developing a precise understanding of the factors influencing managerial decisions and designing data and analytical solutions to support these decisions.
Management
- Revenue Growth over a period of Time
- Decisions on improvement of the overall revenue earnings
- Set revenue growth targets and review for a specific period
- Measures how much profit you make before expenses
- Determine the reasons why the gross profit changes from period to period
- See how effectively you are using resources to make and sell products or services
- Performance of managing various activities and responsibilities within a system
- Helps to have an aspired level of quality within the company
- Identify quality issues, eliminate unnecessary activities and close gaps in performance
- Discover the likelihood that a person will recommend your business to others
- Shows the company’s reputation and market position
- Lead to important business decisions
- Employee Satisfaction by certain areas
- Identify areas where the focus should be put more
- Improving the metrics helps companies motivate the staff which can lead to improved performance and increase in sales
Banking
- Track impact on profitability.
- Opportunity for repeat orders for a steady cash flow
- Identify big ticket value opportunities
- Stimulate frequent orders
- Correlate service and quality based on customer association time
- Total number of Accounts by Year
- Increase the customer base by offering best services
- Increase the banking revenue by adding in more accounts
- Net Profit by Year
- Improve profitability by finding ways to increase the net profit
- Identify reasons for a decline in net profit for the specific time period
- See how efficiently the assets are used over a period of time
- Prevent cash flow issues by tracking the accounts turnover
- Improve the operations and management
- Working Capital over a period of time
- Determine the liquidity and sufficiency of current assets and liabilities
- Predict the financial difficulties that may arise
Risk Profiling
- Variation in sales
- Describes efficiency of the team
- Factors that reduces the pull through rate
- Efficiency of lending team
- Describes number of days required to close and fund a loan after written decision
- Describes the communication between loan officer and borrower
- Simplicity and smoothness
- Shows the number of Approval out of total application
- Speed in the decision making
- Lowers acquisition cost
- Consistent decision
- Customer satisfaction rate
- Year on year growth of Revenue
- Return on investment
- Load abandoned after approval
- Describes how much communication gap is there
- Efficiency of application review process
