What is embedded reporting?
Embedded reporting is the integration of reporting functionality into business applications, such as business intelligence and financial planning and analytics platforms (BI and FP&A), enterprise resource planning (ERP) systems or SaaS products like CRM. For example, in Phocas BI and FP&A embedded BI delivers interactive dashboards, real-time data visualizations, and ad hoc reporting directly within the tools users already rely on. This enhances the user experience, eliminates the need to switch between systems, and optimizes workflows for efficiency.
Key features of embedded reporting
- Interactive Dashboards: Provides real-time data through dynamic graphs, tables, and charts
- Self-Service BI: Empowers business users to access data without requiring assistance from the IT department
- Customizable Reporting: user friendly formats help people build reports to suit their company and allows them to create specific financial statements for branches
- Scalability and Flexibility: Supports diverse data sources, such as data warehouses, APIs, and on-premises systems
- Ad Hoc Reporting: Allows business users to generate reports on demand, tailored to specific use cases.
Embedded analytics role in embedded reporting
Embedded analytics takes the concept further by embedding data analysis capabilities directly into business applications. Users can drill down into datasets, create reports in various formats, and make data-driven decisions without exporting to external tools like Excel or spreadsheets. For example, sales teams can analyze metrics within their BI and FP&A platform, ensuring real-time insights into performance.
Benefits of embedded reporting and analytics
- Seamless Integration: A cloud-based embedded reporting solution integrates effortlessly with existing systems via APIs
- Actionable Insights: By delivering real-time data, embedded BI fosters better decision-making at every level of the organization.
- User-Friendly Tools: Designed for business users, these tools minimize reliance on IT teams.
- Improved Reporting Functionality: Enhanced data integration ensures comprehensive reporting from disparate data sources.
- Optimized Permissions: Role-based access to data maintains security while empowering end-users.
Use cases for embedded reporting
Embedded reporting serves industries ranging from healthcare to retail:
- Healthcare: Tracks patient metrics and operational efficiency using interactive dashboards and real-time insights.
- CRM Platforms: Sales teams access embedded analytics to measure progress, monitor trends, and optimize customer interactions.
- SaaS Applications: Embedded reporting enhances reporting functionality for subscription-based software, offering tailored insights.
With advancements in data analytics and the rising demand for data-driven decision-making, embedded reporting solutions are becoming essential. By integrating these tools into business applications, organizations can streamline workflows, enabling self-service reporting. Embedded reporting transforms raw data into actionable insights, driving success across manufacturing, distribution and retail.