STORIS BI: Business Intelligence Solution
- Fully integrate BI to your transactional solution for a unified analytics strategy
- Stay ahead of changing market and consumer behavior by identifying trends through intuitive visual dashboards
- Synthesize key data points across channels and strategically plan using real-time insights
- Empower resources on your team and foster collaboration with shareable reports
- Ensure security of sensitive business data with controls around accessibility
- Access STORIS BI from any device, from anywhere, and at anytime
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STORIS BI allows for analysis of consumer behavior across channels. A keen, real-time understanding of consumer behavior will lead retailers to thrive in a changing marketplace.
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Complete Unified Commerce Integration
Consumer behavior is complex and occurs in fluid patterns across channels. Is a spike in website traffic indicative of a rise in in-store sales? How often does a customer who leaves a store with an item in their shopping cart complete their order at home? Retailers must understand their consumers’ behavior at all points in their purchasing journey to be able to make well-informed business decisions. STORIS Unified Business Intelligence platform allows you to look at trends that can impact other metrics in a cross-functional manner, giving your business 360-degree insights that support strategic decisions.
In Partnership with Microsoft Power BI & Azure
To build the foundation of STORIS BI, we are proud to have partnered with the Gartner Leader in Business Intelligence, Microsoft. Data Warehousing of data from across STORIS’ Unified Commerce Solution occurs behind the scenes using the powerful processing of the Microsoft Azure Cloud DW solution. The intuitive, front-end application of STORIS BI is built on the Microsoft Power BI platform.
Historically, data analysis required IT involvement to write complex queries to a database. Strong BI programs are evolving to be business-led. With STORIS BI, our developers have built the back-end data sets, calculated measures, and relationships between data tables. This delivers an accessible, easy to use interface to the end-user and empowers more individuals in a company to analyze their business.
Out of the Box and Customizable KPIs
STORIS BI comes with out of the box queries that retailers can begin using to analyze their business today. Designed specifically for the furniture industry, these queries include standard key performance indicators (KPIs) such as gross margin or average ticket. Conversely, retailers are also able to customize the defined measures, if their organization calculates a formula in a way that is unique to their business. Additionally, standard date parameters are built in, so the user can choose to run against time frames such as year-to-date or monthly vs. daily reports.
Graphical Dashboard Design
Visuals are an important part of a modern Business Intelligence suite. Dashboards help users quickly identify trends and summarize large sets of information. Effective dashboards combine a variety of graphs, charts, tables, and other visuals. With STORIS BI, the user can choose how to display their own dashboards to best benefit their tactical areas of analysis.
Intuitive Front-End Design
STORIS BI is an interactive workspace. Users can drag and drop fields into the view to choose what metrics to highlight and measure. Dashboards are automatically updated in real time to include the latest data points being captured in STORIS’ transactional database. The workspace is flexible and allows the user to adjust how the data is presented within the dashboards as they wish. Within the workspace, users can also dive down deeper into the data and further understand findings.
Historically, analytics programs struggled to be diffusible across an organization, while still maintaining the security of sensitive business information. STORIS BI has built-in security controls tied to the user’s role in STORIS’ Unified Commerce Solution. This will dictate what information employees can or cannot access from their dashboards. STORIS BI has three user types as well: Administrators, Editors, and Viewers, all with different controls as to how they can interact with the data.
To create a collaborative BI platform, users can be granted access to view different dashboards. Users are also tied to report groups enabling streamlined distribution of information and real-time updates delivered directly to their select users. BI insights empower your sales team to maximize their performance. They can see how their sales are trending and benchmark their performance against top performers, including the average ticket.
Mobile Friendly Performance Snapshots On the Go
Business owners and executives in the home furnishings industry are on the road throughout the year. STORIS BI is a web-based application that can be deployed on any web browser. Mobile dashboards enable executives to stay on top of performance while traveling, right from their smartphones or tablets.
BI Platform Integrations
Further benefits of STORIS’ BI platform will come from integrations to other critical data sources. Integrations include Google Analytics, store traffic counters, and demographic insights. STORIS’ core analytical and reporting tools are also available as part of the core product offering. You can learn more about those features here.
Business Insider on BI
“Humans are terrific pattern makers. Yet, we all know that the amount of data available today is unprecedented and it continues to grow at an exponential rate. There are amazing insights in that data if you’ve got the tools and the scientists to search for them.” This is a testament to STORIS’ investment in the development of a Unified BI solution for our home furnishings retailers. Learn more today.