If you have a business, you certainly need to collect and data about its performance. Ad hoc reporting is inarguably the best way to collect data that is timely, accurate and easy to share. Let’s learn more about ad hoc reporting and why you need an application to help you create ad hoc reports.
What isan Ad Hoc Reporting Tool?
An ad hoc reporting tool is an application that enables you to generate reports on the fly. No planning or waiting for a particular period so as to create a report. You simply think about an aspect about which you would like to create a report and boom, you create your report!
One of the nice things about ad hoc reporting is that you don’t need to be an IT or data expert to generate reports about a given metric. As you can see, the aim of ad hoc reporting is to enable an organization’s end users to come up their own questions and find answers to these questions by generating the reports that they need.
Benefits of Using Ad Hoc Reporting Tools
1.Timely delivery of important information
Ad hoc reporting and analysis tools offer a platform that enables people to create accurate and timely reports. This allows organizations to make informed decisions on a real-time basis.
2.Flexibility
Ad hoc reporting makes it possible for users of data to find answers to the ever-changing business questions in various departments or in the entire organization. As a result, your organization can quickly adjust its operations in accordance with the results of the ad hoc reports that are generated.
3.Sharing of Information
One of the key features of ad hoc reporting is the ability of users to share the information that they have access to. For instance, an employee in one department can create a report and share it with users in other departments.
This timely sharing of information enables making of informed decisions and makes it possible for comparisons to be made between different types of data with a view to improving the performance of teams and organizations.
4.Cost Savings
By being able to get the answers that you need about your organization quickly using an ad hoc reporting tool, you avoid the need to invest in costly software and training of data management personnel.