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THE BENEFITS - Why We Can Help

A tailor-made service that sets iFactor apart from our competitors
Many companies align themselves to one or two products. Some consultancies only sell and implement their own applications even though they may not be an ideal solution for your problem. Many of the very large consulting practices provide a wide range of consulting services. They are particularly skilled at producing a multitude of reports proposing possible solutions but not particularly skilled at actually delivering the solution. They tend to send young college graduates with very little real-world experience, but bill you as if you were receiving the services of a seasoned professional.

Not aligning ourselves with a specific product vendor, gives us the flexibility to select a solution that is best suited to your organization's requirements. We don't offer a range of consultancy services, but rather specialise in information consultancy and assist you in harnessing the potential of that information. Once we've agreed on a solution to meet your objectives, our experienced consultants are there to deliver the solution. We ensure that it's delivered to exceed your expectations by an experienced consultant that scoped the solution with you. Our tailor made service ensures that you get the information you need to make your business successful.

The benefits of an iFactor solution
We enable organizations to get the maximum value from the wealth of business data stored in existing enterprise systems and collected on an on-going basis through e-commerce and other channels. This results in benefits to knowledge workers and decision makers, to teams, and to the entire enterprise.

iFactor unlocks knowledge that was previously inaccessible. Users can quickly view the data stored in enterprise systems and easily conduct sophisticated analysis or queries. This leads to faster, more informed decision making at all levels of the organization.

The capability to quickly output views to Office applications, to send by e-mail, or to publish to the Web fit easily with any team's communication style and ensures that business information is shared and disseminated as soon as it is available. By automating publishing of standard views and reports, organizations can keep entire teams up to date and in sync with important trends or data.

iFactor clients benefit immediately from broad, data-driven decision making across the enterprise. Business decisions will be executed faster and with greater insight, leading to enhanced organizational agility. iFactor allows organizations to capitalize on the knowledge now locked in their enterprise applications and data stores, improving the return on investment in these systems.

Reporting and Budgeting made easier and faster
An OLAP solution makes budgeting highly flexible and can include complex rules and calculations. This flexibility is an extremely valuable tool in a continuously changing business environment. It allows for shorter budget cycles with reduced set up and maintenance time. Budgeting, planning and forecasting can be integrated with management reporting. Other benefits include:

  • Multi user entry of budget assumptions, with automatic updates of budgets possible
  • Budgeting approached from "top down" and / or "bottom up"
  • Conversions from budget model to "what if" scenario business model
  • Real time reporting and drill down capabilities
  • Integration of OLAP system data with non system data in the same report
  • Ability to modify reports at a low cost with no requirement to contract expensive experts

Consolidated Information To Improve Planning & Decision-Making
We can provide you with a consolidated view of your entire business. The corporate planning, analysis and decision-making functions move from a financial 'back-office' focus to include the integration of business, operational and customer information. You will be able to quickly and effortlessly integrate information from your databases so that you can analyse and plan your business based on the most accurate information available. This will enable you to maximise product, customer, and business unit profitability.

Improved Quality Of Decision-Making At All Levels
Many businesses are in chaos because of a flood of data that is irrelevant, too detailed, poorly integrated, difficult to access and of little value in making decisions.
Too much data is just confusing! You need to distribute information to decision-makers in a format that they can be used. We assist you to easily obtain and present, relevant, concise and intelligent management information. Measuring your performance against a budget, forecast or key performance indicator (KPI) is not sufficient. Intelligent information is not just the reporting of a situation but providing relevant analysis to enable decision-making. Once the variance in performance has been identified, it is critical to measure and understand that variance. This will lead you to make the right decisions.

Recognize and Respond to Important Trends Sooner
You need to see and understand important trends that may affect new product or service opportunities, customer satisfaction, and financial performance. By integrating customer, marketing, operational and financial information you have the power to analyse and identify trends throughout your entire business, enabling you to model "what if" scenarios.