How real-time reporting drives decision making

Managers need reliable, up-to-date information to make beneficial business decisions. In most companies, reports are based on data that is only a few days old, so decisions are always made based on obsolete information. This is extremely detrimental to business, as the right decisions are those that are made through constantly updated information. Software such as Multipeers is increasingly a requirement of the market, as it allows the manager to have access to your company information in real time and through any device. In today’s article, we’ll see how real-time reporting drives decision making!

Real-time information enables you to anticipate market trends

Real-time reporting enables the anticipation of future market trends. A company that bases its operations on the most current information it has will always be one step ahead of the competition. For example, if the manager realizes that a particular product is experiencing abnormal demand, he may request increased production of this item. Similarly, if you find that a product is “forgotten” by consumers, you can launch campaigns that allow it to be sold.

Business alerts ensure you don’t lose any information

Business monitoring software such as Multipeers allows you to set business alerts to warn you whenever a situation goes out of your way. Wherever you are, you will be notified by SMS or email of any changes to your previously established standards and can take action immediately, even before there is damage to the organization. This proves to be a huge competitive advantage as it enables immediate action and prevents negative consequences for the business.

You can use multiple data sources at once

Using a real-time analysis system, it is possible to aggregate all the company information in one system. This makes access to information much easier and more intuitive, reducing the time the manager previously spent conducting information from various data sources. You can make reports very quickly based on reliable information.

Business processes become more agile

Because real-time information management programs present information in a condensed, ready-to-analyze manner, the need for extensive reporting will disappear. This way, employees who previously had this responsibility will have more time available for other tasks, which will certainly contribute to increased productivity. Real-time analysis eliminates the most bureaucratic tasks, making the company more agile.

5 Practical Tips for Better Time Management

Time is limited and you need to know how to use it to the best of your ability. Managers face the daily challenge of managing their day by prioritizing tasks, delegating roles and making decisions in few time. In an age where business data is multiplying daily, managing time is critical to achieving good results. In today’s article, we present 5 practical tips for better time management!

Set realistic goals

If you don’t know where you are going, any path will do. It is very important to set goals and work as a team to achieve them. Objectives must be measurable and realistic, otherwise they will only contribute to demotivate employees. If you commit to doing many more tasks than are humanly possible in X hours, you will not be able to complete your day on time and will become unmotivated.

Track real-time KPIs

Key performance indicators are very important for more assertive and thoughtful decision making. They act as a thermometer that tell us the degree of results obtained in certain areas. Through BAM software such as Multipeers, it is possible to analyze KPI compliance in real time. The life of your business happens now, so it is essential to follow every second what happens to your business! Only then can you be one step ahead of the competition. And making decisions quickly and with all the data “on the table” will help you save time solving bad decisions in the future!

Delegate Tasks

There are professionals who have great difficulty delegating tasks because they fear that the end result will not be as good as if it had been done by themselves. Wanting to do everything yourself is a big mistake because there will be something that will be less well done. It is essential that you have complete confidence in your team so that you can delegate tasks of quiet conscience.

Learn to say no

Saying yes to all requests and always being available to others can become a serious problem. Block some time a day so as not to be interrupted, especially if you have more delicate and difficult tasks to perform. This way you will be more focused and at the end of the day you will feel the difference in the results achieved.

Define deadlines

Parkinson’s law tells us that the ability to concentrate will be greater the less time available to perform a task. It is not advisable for the deadline to be too close to the date you submit a job, but it is crucial that you can meet the deadline you have set for yourself.

How real-time management improves results in the textile industry

Unsurprisingly, real-time management is a growing need in all areas of business. We live in a very fast age, so it is essential to always be aware of everything going on in business, otherwise we will miss important opportunities. One of the industries that faces the most decisions is the textile industry. In today’s article, we’ll see how real-time management can improve results in this industry!

Better stock control

Many textile companies still use manual methods to control stocks. Companies that already use software to control stocks make the mistake of not integrating it with the rest of the company. Real-time management tools such as Multipeers track all stocks and link data with other departments to save time and money. Using this software, you can track the status of products from factory to store shelves. This reduces human error in inventory management and improves workflows.

Greater production control

Real-time management software accelerates production tracking by providing insight into the entire process, from planning to writing the datasheet for part production and completing the delivery of purchase orders. With Multipeers it is possible to track the fulfillment of production deadlines, speeding up processes if necessary to meet deadlines.

Anticipate Trends

Real-time management allows you to obtain a large volume of data and, unlike most companies, the data generated is of quality. Management can use the information to anticipate future market trends and reduce the risk of producing parts that will have a large drop in demand. Using real-time information allows you to be much more careful in production decisions.

More Assertive Decisions

When the manager knows exactly what is going on in the business, it is much easier to make the right decision and this is undoubtedly the most immediate and most important advantage of using a real-time information system. Analyzing the business in real time allows you to have all the necessary inputs so that you can consciously decide on the best course to take, because the information you are analyzing is up to date and reliable. In the end, the results will bring real benefits to the business profit.

Setting alerts to take immediate action

Business monitoring software such as Multipeers enables the definition of business alerts. Wherever you are, you will be notified by SMS or email of any changes to your previously established standards and can act immediately, even before there is damage to the organization. This proves to be a huge competitive advantage as it enables immediate action.

5 Technology Tips for Improving People Management in Your Business

People management is critical to the success of a company. When this management is well done, professionals are more motivated and committed to the overall objectives of the organization, which brings numerous benefits to the overall results. People management must go beyond operational practices and strategic thinking needs to be put into it, implementing new practices in the daily life of human resources. In today’s article, we present 5 technology tips for improving people management in your business!

Real-time resources management

Software that enables real-time business analysis such as Multipeers is very important for human resource management. With true, up-to-date knowledge of team availability, it’s easier to troubleshoot issues, rearrange work teams, and ensure business productivity. It is also possible to always be aware of the performance of each employee, which allows to solve any demotivation problems, for example.

Implement telecommuting

Increasingly, employees value perks beyond salary. Today, thanks to technology, it is possible to work from anywhere in the World, no longer being required to be in the office all week. Implementing one day a week of teleworking will motivate your team and in the long run you will feel the difference by increasing the productivity of each employee.

Optimize meetings (and do them only when needed!)

Meetings are often longer than what was needed, which causes a lot of time to be lost, increasing the demotivation level in the teams. There is software that allows you to plan meetings so that they don’t last longer than necessary. Similarly, meetings can be held through Skype and other similar programs, which eliminates the need for everyone to be physically present. Meetings should only be scheduled when strictly necessary, as the “waste of time” makes employees feel unmotivated and misled!

Use cloud services

Cloud storage is already seen as a competitive strategy that meets the needs of small, medium and large businesses. Companies like Google and Microsoft provide servers where files are stored the same way they are stored on a computer or mobile device. Files are stored miles away, but over the Internet, through a login and password, you can log into your account and access all your files. This facilitates document sharing by all team members, making collaboration between everyone simpler and more organized.

Invest in internal communication

Internal communication is often overlooked, but it is one of the most important areas in a company because it deals with an organization’s main audience: its human resources. It is important that there is fluidity in message transmission as well as transparency in the work environment. It is essential to implement business management channels and/or applications that facilitate communication between various departments, such as creating Whatsapp groups or creating an internal newsletter.

What are the advantages of real-time analysis for fleet management?

The transport sector is unpredictable and optimizing the use of resources is not an easy task. The first step in optimizing fleet performance is to get an integrated, global view of your state, resources and availability. Analyzing the fleet in real time brings immense benefits and today we present the main advantages of using a business monitoring system for the transport sector!

Best customer service

Having real-time information anywhere allows the company to manage the fleet more assertively. For example, companies that work with home delivery, upon receiving an order can send the vehicle that is closest to the address where they have to make the delivery. The service becomes faster, which is good for the customer, and the company saves on fuel.

Process optimization

With the use of a business monitoring system, the company can improve its processes. It is possible to estimate the time required for the fulfillment of a route and thus define times for the execution of several tasks.

Increase productivity

With information about all departments of the company in a single dashboard, managers can analyze data in a much faster and more efficient way, easily identifying the points that need improvement and acting in a timely manner to avoid productivity problems.

Reduced risk of mistakes

Making decisions based on unreliable information is one of the most committed mistakes in the business world and one of the most important that leads to failure. A real-time monitoring system constantly feeds the manager in terms of information, so he will be aware of all the relevant data he needs to make a conscious decision.

Knowledge of company history

A real-time fleet monitoring system also allows the manager to evaluate fleet results over time and thereby uncover key information such as driver performance, fuel consumption, overtime, and other relevant factors.

Monitoring and compliance with KPIs

A company has collective and individual goals, but often employees end up defacing their goals, which has a negative impact on the company. A business monitoring system such as Multipeers4Fleets allows each employee to have access to their KPIs and receive alerts whenever their performance is out of the established standards.

Multipeers4Fleets enables you to continuously measure and analyze all events in the fleet management business so that you can make the best decisions for the future of your business. Through simple and intuitive dashboards, you can analyze the expenses of each vehicle in the fleet, find the factors that contribute to a fuel increase, set alerts whenever something important occurs, among many other features.