Business
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How To Develop A Custom Data Analytics Strategy For New Zealand Businesses
- September 8, 2024
- Posted by: FOYI
- Category: Blog
No CommentsMost New Zealand businesses look to develop their own custom data analytics strategy because of the unique size of the country’s economy, customer base and the IT budget. This article shares a step-wise approach to draft your custom strategy.
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How to Improve Your Fleet Utilisation Report
- April 29, 2024
- Posted by: FOYI
- Category: Blog
The primary purpose of any report in your business, including fleet utilisation report is to ultimately help your business maximise its profits. A fleet utilisation report must not work like a newspaper but rather like a diesel mechanic investigating what’s broken and what’s not.
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Why Does Your Reporting Suite Become Unreliable Over Time
- March 27, 2024
- Posted by: FOYI
- Category: Blog
Reports can be built using multiple applications. However, when it comes to the principles underpinning a reliable reporting suite, they are the same. This articles explores these principles and also shares a step by step approach to building reports.
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Quickest Way To Increase Your Revenue Is To Stop Revenue Leakage
- March 24, 2024
- Posted by: FOYI
- Category: Blog
Your staff could be applying higher discount rates to invoices than they are authorised to. We observe on an average about 3% to 5% of the invoices with higher discount rates leading to about 5% to 12% revenue leakage. Stopping this leakage is the quickest way to get back your expected revenue.
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Is Your Business On The Path To Making Incremental Profits By Harnessing Data?
- March 5, 2024
- Posted by: FOYI
- Category: Blog
Owning data in itself is not profitable. There is a path from data to incremental profits. This article walks you through the various milestones and helps you to identify how far you are on your path to profitability.