Background:
A restaurant chain teamed up with Solvexis for guidance on preparing financial reports for stakeholders that were easy to understand and intensely informative. The restaurant chain was preparing to reopen business following the COVID-19 lockdown and wanted to present consumer and business insights intuitively. The stakeholder meeting and the internal business strategy team meeting were to make use of these reports to devise efficient marketing strategies. Data Visualization allows businesses to connect data findings comprehensively. It helps to unearth trends and patterns that can influence business strategies.
What did Solvexis suggest?
Solvexis suggested the use of the latest data visualization and reporting tool such as Microsoft Power BI to prepare reports. The interactive and intuitive user interface makes it easy to use Power BI. Power BI also offers a wide range of services and a variety of data presentation and visualization options. Upon using Power BI, the company reported that stakeholder meetings were more productive since the data findings were presented coherently. All stakeholders were easily able to understand the information and present their valuable inputs. The strategy team also found it easier to identify important consumer trends in the post-pandemic society, helping the company devise marketing strategies that produced positive results.