Business Intelligence / Reporting
By having a foundation that is rooted in processing electronic data, the MBG Expense Management system can generate over 85 detailed standard reports, that can also be used to conduct ad hoc reports, to display key business intelligence metrics such as usage trends, benchmarking, and call detail reports, along with budgeting and forecasting. Business intelligence, as the final component of a next generation telecom expense management solution, yields tremendous benefits by transforming data into valuable information which allows companies to make intelligent business decisions.
Users can drill into the interactive reports to view the detail behind them. The system also enables a user to download any screen in the MBG system into an Excel spreadsheet for additional analysis. Alerts can be built-in to automatically send users specific reports they are interested in viewing when a predetermined criteria is met. The idea is to make it easy to access billing information and facilitate analysis.
Reporting Accuracy - Quality, Not Quantity
While many companies focus on the quantity of reports that can be generated, MBG has placed its emphasis on ensuring reports are based on consistent, accurate data. To ensure reports are based on accurate data, MBG only uses data feeds that provide the deepest level of detail. For example, in some cases this means using magnetic tapes versus an EDI feed based on the fact that magnetic tape can provide more data fields that generate far greater detail.
MBG has developed custom bill loaders that automatically identifies changes in billing feeds and formats to ensure that data is consistent from month-to-month. More importantly, companies can be assured the data they are viewing is accurate putting confidence in the decisions they are making based on the reports in the MBG system. Data is presented in a compelling format that enables end-users to see the report for what it is, rather than struggling to find information.
Click here to see a sample list of reports the MBG system can generate.
Budgeting and Forecasting
Based on the volume of data that is collected, the MBG TEM platform allows companies to perform comprehensive budgeting and forecasting analysis.
Budgeting
The MBG platform enables companies to apply past telecom expenses with the trends associated with those expenses to quickly give accurate budgeting numbers to the finance department. In addition, since the information is provided through an automated and standardized process, managers can confirm information for Sarbanes Oxley compliance.
Forecasting
More companies are realizing the competitive advantages performing forecasting and predictive analytics can offer. Information pertaining to telecom expenses can be used to investigate and benchmark inconsistencies in historical data across different vendors. In addition it can be used to identify such trends in annual telecom expenses and in overall telecom consumption of services.
Click here to request a demo to learn more MBG's reporting capabilities.
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