In a layman’s language, Ad hoc reporting talks about any kind of report that you, the user, put together yourself, as and when you need it, rather than using a predefined template. Information on its own is of no use if we cannot use it to take right decisions for our business. Reporting is an important part of business intelligence. It enables businesses to come up with the strategies to achieve their performance.
With the help of effective reporting, we can achieve the desired goals of our business. A good business intelligence platform will help you handle the data and set the formulas that provide you with analysis as and when required. Implementation of ad hoc reporting can be a major benefit to the entire enterprise. Precise and customized business reporting can be achieved with the help of ad-hoc reporting. Here are few points that prove the importance of Ad hoc reporting in any business:
Ad hoc reporting provides flexibility
It allows you to interact with reports in different ways. These include navigating through the data on customizable tables, charts etc. It is easy to prepare precise reports and analyze it for insights. It involves small-target and single-use reports.
Ad hoc reporting speeds up the process
It helps in speeding up the report creation process by empowering end users to work with their reports independent of developers. By eliminating the lengthy cycle between the end user and IT, it helps in saving valuable time for both. Ad hoc reporting provides an alternative to conventional reporting methods used by the business. Ad hoc reporting is recommended because it is flexible. It is the practice of data analysis on a requested basis.
It helps in reporting minor details
The goal of ad hoc report analysis is done to close the gaps that may have been left by a regular reporting. This reporting is done in order to fill a need and do a detailed search into a regular business report about records, accounts, and transactions. Companies often use ad-hoc reporting to get around some of the learning curves involved in the generation and use of bigger reports.
Empowering the end user of the company data is the main purpose of ad-hoc reporting. It also helps business which had a large sales team. Business environments are evolving with time and method of reporting keeps updating too. Ad hoc reporting is beneficial by providing efficiency in distributing interactive reports.
This is a sponsored blog post, but all opinions are my own