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:
- Designing and developing a complete data and analytics strategy, including cloud-based transitions
- Improving data quality and management – including data transformation
- Driving and enabling a data-driven culture across the whole organisation and consolidating siloed data
- Supporting operational and strategic analytics and reporting − including advanced techniques such as predictive/forecasting – all available on our data analytics platform
- Automation techniques aimed at removing manual, time-consuming processes
- Sophisticated data integration techniques
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.
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’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.
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.
Unlock the potential of your people data
Our latest research shows how organisations are failing to utilise their people data – in fact, 86% confirmed that they are not using people data to fuel strategic objectives and growth.
In our report, we cover some of the basic issues, and address how the right BI reporting solutions can promote visibility of data across the entire organisation – supporting decision-making and accurate forecasting.
We’ll demonstrate how and where you can reduce laborious admin, streamline processes, engage your workforce while maximising their potential with support from the right human resource management system.
Providing you with solutions and expertise to gain control of your finances, we’ll support you with end-to-end transactional requirements, close and consolidation, modelling, planning and providing valuable insights.
Get your no-obligation data analytics and reporting quote
"I came to MHR for support and assistance with a Power Bi and data requirement to unlock the reporting potential of their HR system. MHR offered both consultancy and support to ensure we gained the knowledge and skills to take forwards into the future. Working with MHR was a pleasure and their knowledge and experience provided confidence in delivery. We hope to work with MHR further in the future and would strongly recommend their service to anyone looking to enhance the analytical capability of their data management."
"Through MHR’s Microsoft Practice, the engagement started with a Discovery Workshop to help further outline requirements, following this MHR setup a secure connection via an API to access the underlying data in our HR system. This meant it was far simpler to then extract the unstructured data, transform it and then load it into a Power BI model."
Data analytics tools FAQs
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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