When analyzing a business, management will commonly employ a selection of diverse tactics including SWOT analysis and quantitative analysis.
An ERP (enterprise resource planning) system can then be used as one of the many repositories of corporate data that needs to be analyzed.
SWOT analysis outlines a business's strengths, weaknesses, opportunities, and threats. It involves specifying the objective of the business venture or project and identifying the internal and external factors that impede or assist in achieving that objective.
Quantitative analysis works in financial matters using numerical techniques to plan and execute the next move.
InetSoft’s analysis tool can access a host of third party application data sources, for example:
InetSoft’s data visualization solution reduces the capacity for human error by providing direct access to corporate data, avoiding the problems associated with exporting data to spreadsheets for analysis purposes.
Since data remains in its original unaltered form, organizations are assured that the decisions and actions they take are based on sound information.
InetSoft's easy-to-use quantitative analysis tools aid business managers in doing SWOT analysis. Several of the application’s functions such as brushing, data mashup, and the ability to drill down into the data help bring SWOT factors into focus.
Very quickly management can determine what is being done right and what should be improved upon.
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