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A Guide To The Top 14 Types Of Reports With Examples Of When To Use Them

datapine

With this information in hand, businesses can build strategies based on analytical evidence and not simple intuition. With the use of the right BI reporting tool businesses can generate various types of analytical reports that include accurate forecasts via predictive analytics technologies. A good example is a KPI scorecard.

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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

.” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting.

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Are You Aware of These FP&A Best Practices?

Jet Global

Before that, let us look at what FP&A means for business organisations. Financial planning and analysis (FP&A) is a crucial function within finance that focuses on budgeting, forecasting, and analytical processes that maintain the organisation’s sound financial health and support strategic decision-making.