HR Data Analytics and BI reporting
Improve business decision-making and performance through greater insights
How do you make the most of your data?
While you're probably collecting data from a variety of sources already, it's likely you're only scratching the surface of your data's potential.
Did you know that 86% of organisations aren't using people data to fuel strategic objectives and growth?
The challenge is understanding the current picture and what potential there is. However, knowing where to begin can be difficult, which is where we come in.
We’ll help you understand the vital role your data plays in driving business operations, decisions, and strategies so you can be driven by data.
We can help you with:
- Create a complete data and analytics strategy with cloud-based opportunities
- Drive efficiency through automation processes
- Advancing data integration, combating siloes
- Build a data-driven culture
- Source meaningful insights business-wide
- Improve data quality andmanagement
- Operational and strategic analytics and reporting
- Removing manual, time-consuming processes
Developing your data journey
Through our process of discover, define, deliver, we’ll work with you to develop and outline a data transformation strategy. We'll build an accurate picture of your current position then develop a plan to get you where you need to be. With a clear roadmap, you'll see the steps required to implement a full data strategy, broken down into logical sequential phases.
Operational BI reporting tools
Our experts can help implement and manage the necessary business intelligence and reporting tools (BI) you need to ensure you always have the the right information. Available in real-time, you’ll have access to your key data for day-to-day reporting.
Guarantee compliance
Whether it’s regulatory reporting or statutory requirements like Gender Pay Gap reporting or pension submissions, we have business intelligence reporting solutions to help you meet those requirements – no matter your industry or the level of complexity.
A single source of truth
Consolidate all your data for a single source of truth. We can help you connect different systems for seamless data transfer, ensuring your insights cover the whole organisation. Whether it’s data marts, models, lakes, warehouses or API integrations, our big data analytics tools will help you create a single source of insight.
Strategic KPI reporting and data analytics
Gain a joined-up view of the wider business by analysing larger, varied data sets. Whether you’re checking historical data to identify trends in payroll or attrition rates for a particular department through workforce planning or salary modelling, our BI reporting solutions provide pre-built models so you'll always be able to make evidence-based decisions.
Save the headache with managed services
If you’re short on time or lack the full expertise, our experts are available to support all your data, analytics and reporting requirements. From manipulating and formatting data, to building custom reports, archiving legacy data and security scheduling, our team are available to help.
Consultancy
If you’ve started your data journey but are struggling to get full value, or you’re simply looking to take the next step, our experts can provide advice and innovative solutions to suit your needs. Whether it's support for a specific task or ongoing services, we’re here to help.
Get your no-obligation data analytics and reporting quote.
Data consultancy
We’re firm believers in making the complex simple. And while standard pre-built content is ideal for some requirements, often this isn't the case and a more structured, in-depth, tailored approach is required.
Our big data and analytics consultancy services can support your organisation throughout your data journey, ensuring you have the expert knowledge to help your business realise the potential value in being driven by your data.
Which reporting is right for me?
Every organisation requires operational reporting on the data they hold for day-to-day business information and insight.
Strategic reporting, however, uses predictions and forecasts to set operational targets and objectives. By reviewing insights from historical data across multiple sources, organisations will make more informed decisions on what may happen in future.
No matter your requirements, we can advise and support on areas such as data warehousing initiatives, ensuring you have access to the data needed to help drive your business forward.
Your data strategy
Your data is priceless. It’s critical that you maintain data quality and that data governance measures are in place.
Having a robust data strategy across your organisation reduces risk, enhances understanding, and potentially delivers greater business value.
MHR will help you create a solid data strategy, review your processes and rethink your technology landscape to give you a competitive edge.
iTrent People Analytics Platform
With iTrent People Analytics Platform, you can extract key HR and payroll data within hours of deployment. The powerful, self-service analytics and reporting tool, tracks performance with ease and helps you plan for what’s ahead.
As a cloud-based solution, iTrent People Analytics Platform is easily scalable and grows with your organisation.
Data analytics tools FAQs
Big data analytics refers to the knowledge, technologies and methodologies usually applied when using an organisation's data to interpret, understand and influence decision-making. This includes:
Business intelligence reporting isn’t just about dashboards and visual reporting. Simply put, business intelligence reporting uses BI tools to prepare and analyse data, providing actionable insights.
Compared to traditional reporting, BI reporting goes one step further and allows you to interact with the data. This interaction is precisely what enables you to make informed strategic decisions.
Business analytics uses elements of data analysis combined with other information to help make informed business decisions. Data analysis focuses on analysing data sets to identify trends and patterns.
The cost of our data analytics software varies depending on business size, the type of software and the level of support required.
We offer everything from fast out-of-the-box business intelligence reporting software to bespoke packages – and everything in-between.
What’s more, the right data analytics tool can save you money by highlighting areas of waste, so you can put a plan in place right away.
To see where analytics could take you, get in touch for a no-obligation quote.
The Microsoft Power BI tool is a cloud-based reporting tool that facilitates visualisation and analysis of data with greater speed and ease of use. It's a market leader among the BI tools available.
The Power BI tool connects multiple cloud and premises-based data sources to allow for detailed reporting, a comprehensive suite of dashboards and the ability to share information across your organisation in real-time.
Power BI can be accessed through your browser or mobile, making it easy for business users to consume. A desktop version enables data scientists, analysts, and developers to build powerful data-based visuals for their organisation.
Predictive analytics refers to the process whereby data is used to model future scenarios with minimal manual intervention.
Prescriptive analytics goes one step further. Prescriptive analytics comprises learnings based on data collected, resulting in the ability to make decisions without any manual intervention. In both scenarios, it's critical you have the necessary hosting, data architecture and automation in place.
We can help at any stage on that journey, all thanks to our comprehensive business intelligence reporting services. To start your journey, simply get in touch – our team of experts are on hand to help build the right solution with you.
With growing volumes of data collected daily, it's no longer viable to manually collect and digest what all that data means. Without a data analytics solution in place for storing, processing, analysing, and using that data, you waste valuable data by doing nothing with it. By not utilising important statistics, you lose the ability to make informed business decisions.
Having the right analytics platform is like turning on a light in a dark room.
With access to the right data, decision-making is transformed – thanks to the ability to accurately predict.
With the right analytics solution, you can:
- Track performance
- Plan ahead
- Make decisions based on meticulously collected data
In a fast-paced corporate environment where every decision counts, having the right insights in front of you can make all the difference. Whether that’s assessing KPIs, pinpointing costs or assessing risk, data analytics allows you to be proactive. What’s more, with our innovative BI reporting dashboard, you’ll be able to see your data – making strategic decisions even easier.
With the iTrent People Analytics Platform, you can finally track performance with ease. Plan for what’s ahead and generate intelligent insights to enrich decision-making across the board.
For more information on the application of analytics and how BI reporting tools could transform your organisation, read our handy guide.
How long a data analytics platform takes to implement depends on what you want to do with the data you hold, what sort of data it is, and how it's currently stored. We’ll work with you to understand all of this and give you a good idea of time scales.
If it's simple-to-use BI reporting services such as Microsoft Power BI or SAP Business Objects, then the set-up is fairly straightforward. When you move beyond BI tools into more detailed data analytics, it can take longer.
Enterprise reporting is the process of creating and distributing reports that contain crucial insights for business performance. These reports will be given to key decision-makers who then use these insights to make strategic business decisions.
By utilising BI financial reporting effectively, you will see a comprehensive view of your business at a glance.
SAP Business Objects (SAP BO) is a suite of reporting and analysis applications built around the core BO universe that enables the combining of back and front-end data. This allows end users to interact and build standard reports alongside powerful visualisations without worrying about where the data is being pulled from.
'Data lake' is a term used to describe a centralised warehouse for storing data at scale, whether structured or unstructured, without the need to reorganise it before use.
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