An article written by Payworks expert Myles Halliday, Vice President, Product Management, as featured in Dialogue Magazine.
Don’t allow a simple question to derail your day. Analytics is a must-have tool that allows you to work more efficiently and provide significant value to your organization.
- Data-driven Decisions: Provide your executive group or boards with current trend analysis to facilitate informed decision making.
- Improve Information Integrity: Analyze data within the analytics tool to eliminate errors caused by exporting and manipulating data in Excel.
- Create Reports Quickly: Modify existing reports using visualization to produce new reports rapidly to meet your user’s needs.
- Timely Answers: Provide timely and accurate responses to questions posed by management and employees.
- Trust Your Data: See data input or configuration errors and reduce external manipulation of data.
- Reduce Interruptions: Management and executives can access analytics to find answers and explore the data, reducing interruptions to HR and Payroll teams.
- Compare Data: Specify time spans over calendar or fiscal years to compare year over year growth or reductions.
- Discover Information: Drill down through the data to get an answer to your question, “Why?”/li>
- Improve Value: Strengthen your relationship with management, executives, and employees by using analytics to answer questions, to know your organization and help solve business challenges.
- Spot Anomalies: Visually detect differences in comparative data to improve fraud detection and address discrepancies when it matters.
For more information call 1-866-788-3500 or email sales@payworks.ca.
