{"id":7773,"date":"2023-01-02T08:46:44","date_gmt":"2023-01-02T08:46:44","guid":{"rendered":"https:\/\/grow.ee\/?p=7773"},"modified":"2024-05-28T13:06:44","modified_gmt":"2024-05-28T10:06:44","slug":"arianaluutika-for-business","status":"publish","type":"post","link":"https:\/\/grow.ee\/en\/arianaluutika-ettevottele\/","title":{"rendered":"Business analytics for business"},"content":{"rendered":"<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1111100710\">\n\t\t\t\t\t\t\t\t<div class=\"img-inner image-cover dark\" style=\"padding-top:56.25%;\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"977\" src=\"https:\/\/grow.ee\/wp-content\/uploads\/2022\/12\/accountant-g886d3b434_1280-1.png\" class=\"attachment-original size-original\" alt=\"Business Analytics\" srcset=\"https:\/\/grow.ee\/wp-content\/uploads\/2022\/12\/accountant-g886d3b434_1280-1.png 1280w, https:\/\/grow.ee\/wp-content\/uploads\/2022\/12\/accountant-g886d3b434_1280-1-300x229.png 300w, https:\/\/grow.ee\/wp-content\/uploads\/2022\/12\/accountant-g886d3b434_1280-1-720x550.png 720w, https:\/\/grow.ee\/wp-content\/uploads\/2022\/12\/accountant-g886d3b434_1280-1-768x586.png 768w, https:\/\/grow.ee\/wp-content\/uploads\/2022\/12\/accountant-g886d3b434_1280-1-800x611.png 800w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\n<style>\n#image_1111100710 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div id=\"gap-743336289\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-743336289 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<p><b>Companies lose an average of $15 million worldwide each year due to poor data quality, <\/b><span style=\"font-weight: 400;\">has found <\/span><a href=\"https:\/\/www.gartner.com\/smarterwithgartner\/how-to-create-a-business-case-for-data-quality-improvement\"><span style=\"font-weight: 400;\">Smarter With Gartner<\/span><\/a><span style=\"font-weight: 400;\"> in the study. How to ensure that your company does not fall under these statistics? <\/span><\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-weight: 400;\">What is Business Analytics (BI)?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Business analytics, perhaps <\/span><i><span style=\"font-weight: 400;\">Business Intelligence<\/span><\/i><span style=\"font-weight: 400;\"> is a technology-based process for analyzing data, with the aim of acquiring the necessary information and helping companies better:<\/span><\/p>\n<ul>\n<li><b>Understand your business and fix bottlenecks;<\/b><\/li>\n<li aria-level=\"1\"><b>Get a comprehensive overview of what is happening in the company;<\/b><\/li>\n<li aria-level=\"1\"><b>Make smarter, data-driven decisions.\u00a0<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">With the support of business analytics, companies have<\/span><b> easier to understand your customers and markets,<\/b> <b>improve our products and services <\/b><span style=\"font-weight: 400;\">and find new opportunities <\/span><b>to promote business<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-weight: 400;\">With business analytics, you automate previously manual processes<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Different processes <\/span><b>automation<\/b><span style=\"font-weight: 400;\"> has now already become the present. If you can automate the collection and organization of data, employees can do the real thing for the company <\/span><b>useful tasks<\/b><span style=\"font-weight: 400;\">. Saving time equals saving money.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Previously, it was necessary to collect data manually from various sources, then enter them into Excel, and only in the third step could the analyst start working. Now exporting-importing is a process <\/span><b>times faster<\/b><span style=\"font-weight: 400;\">. Acting together <a href=\"https:\/\/grow.ee\/en\/services\/software-2\/\">with accounting software<\/a> the need to create reports also disappears. By automating processes, the same work is done <\/span><b>in minutes instead of a few days<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-weight: 400;\">Analyzing data is easy and fast with business analytics<\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.forbes.com\/sites\/gilpress\/2016\/03\/23\/data-preparation-most-time-consuming-least-enjoyable-data-science-task-survey-says\/?sh=538e29196f63\">Forbes has pointed out<\/a>, that <b>analysts spend 80% of work time collecting data and only 20% of time analyzing it.\u00a0<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Software designed for business analytics can pull data from a variety of sources, from CRM to Excel. The most important thing here is that you no longer keep this data yourself <\/span><b>search, sort and compose<\/b><span style=\"font-weight: 400;\">, but business analytics software presents them <\/span><b>structured <\/b><span style=\"font-weight: 400;\">in the form of<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Collected data <\/span><b>will be synchronized<\/b><span style=\"font-weight: 400;\"> temporally. In this way, the program ensures up-to-date results, thanks to which it is possible to see <\/span><b>current trends<\/b><span style=\"font-weight: 400;\"> and <\/span><b>map the risks<\/b><span style=\"font-weight: 400;\">. For example, by analyzing the data coming from the CRM software, the company can learn about the customers <\/span><b>needs<\/b><span style=\"font-weight: 400;\"> and <\/span><b>problems<\/b><span style=\"font-weight: 400;\">, to map <\/span><b>purchasing behavior<\/b><span style=\"font-weight: 400;\"> and bring out <\/span><b>weak points of customer support<\/b><span style=\"font-weight: 400;\">. The company can then implement the appropriate changes to achieve better results.<\/span><\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-weight: 400;\">Business analytics improves data quality<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As mentioned earlier, poor quality data means lost money. The data doesn&#039;t just have to be there <\/span><b>high quality<\/b><span style=\"font-weight: 400;\">, but segmented them <\/span><b>characteristics<\/b><span style=\"font-weight: 400;\"> according to what can contribute to the company&#039;s success.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The most reasonable is the collection of data <\/span><b>to automate<\/b><span style=\"font-weight: 400;\">, then let the special software do it <\/span><b>tidy up<\/b><span style=\"font-weight: 400;\"> and unnecessary part <\/span><b>erase<\/b><span style=\"font-weight: 400;\">. Even the best analysts are still human, and occasional typos are inevitable. When making decisions based on data, even the smallest mistake can bring a loss to the company.<\/span><\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-weight: 400;\">Business analytics helps to better structure data<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A good helper for business analytics programs <\/span><b>visually appealing graphs and tables<\/b><span style=\"font-weight: 400;\">. Importantly, the charts can be customized with filters or indicators to suit your needs. This way they are easy to understand and convenient to present in this way <\/span><b>within the company <\/b><span style=\"font-weight: 400;\">as well as <\/span><b>to foreign investors<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-weight: 400;\">Do business analytics yourself?\u00a0<\/span><\/h2>\n<p>There are certainly many business intelligence training courses on the market, but our recommendation is \u2013 <strong>Let<\/strong><b> let professionals do the business analysis!<\/b><span style=\"font-weight: 400;\"> At Grow Finances we use for business analytics <strong>M<\/strong><\/span><b>icrosoft Power BI platform<\/b><span style=\"font-weight: 400;\">. We design and build desktops (<\/span><i><span style=\"font-weight: 400;\">dashboard)<\/span><\/i><span style=\"font-weight: 400;\">, tailored to your specific needs and expectations by providing additional financial and management consulting.\u00a0<\/span><\/p>\n<p><b>Business analytics will help you save time and money<\/b><span style=\"font-weight: 400;\">. Mapping your resources and needs based on real data is much easier <\/span><b>implement the necessary characteristics<\/b><span style=\"font-weight: 400;\"> and <\/span><b>make decisions<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Why start doing business analysis?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Business optimization;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Putting the collected data to work for you;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Prevention of business risks through analysis;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Understanding and anticipating customer needs;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increasing revenue and reducing costs.<\/span><\/li>\n<\/ul>\n<p>Read more about what Grow offers <a href=\"https:\/\/grow.ee\/en\/services\/arianaluthika\/\">business analytics<\/a> about the service or contact us by phone: <a href=\"tel:\/\/+37256293090\">+372 5629 3090<\/a><br \/>\nor via e-mail: <a href=\"mailto:info@grow.ee\">info@grow.ee.<\/a><\/p>\n\n  \n    <div class=\"row large-columns-3 medium-columns-1 small-columns-1 slider row-slider slider-nav-reveal slider-nav-push\"  data-flickity-options='{&quot;imagesLoaded&quot;: true, &quot;groupCells&quot;: &quot;100%&quot;, &quot;dragThreshold&quot; : 5, &quot;cellAlign&quot;: &quot;left&quot;,&quot;wrapAround&quot;: true,&quot;prevNextButtons&quot;: true,&quot;percentPosition&quot;: true,&quot;pageDots&quot;: false, &quot;rightToLeft&quot;: false, &quot;autoPlay&quot; : false}' >\n\n  <div class=\"col post-item\" >\n\t\t\t<div class=\"col-inner\">\n\t\t\t\t<div class=\"box box-normal box-text-bottom box-blog-post has-hover\">\n            \t\t\t\t\t<div class=\"box-image\" >\n  \t\t\t\t\t\t<div class=\"image-cover\" style=\"padding-top:56.25%;\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/grow.ee\/en\/juhi-kaugtood-valismaalt\/\" class=\"plain\" aria-label=\"Manage remote work from abroad \u2013 prevent the emergence of a permanent location with these tips!\">\n\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"164\" src=\"https:\/\/grow.ee\/wp-content\/uploads\/2026\/03\/Kaugtoona-juhtimine-300x164.png\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" srcset=\"https:\/\/grow.ee\/wp-content\/uploads\/2026\/03\/Kaugtoona-juhtimine-300x164.png 300w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/03\/Kaugtoona-juhtimine-720x393.png 720w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/03\/Kaugtoona-juhtimine-768x419.png 768w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/03\/Kaugtoona-juhtimine-18x10.png 18w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/03\/Kaugtoona-juhtimine.png 1408w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t<\/a>\n  \t\t\t\t\t\t\t  \t\t\t\t\t\t\t  \t\t\t\t\t\t<\/div>\n  \t\t\t\t\t\t  \t\t\t\t\t<\/div>\n          \t\t\t\t\t<div class=\"box-text text-center\" style=\"background-color:rgb(232, 237, 244);\">\n\t\t\t\t\t<div class=\"box-text-inner blog-post-inner\">\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<h5 class=\"post-title is-large\">\n\t\t\t\t\t\t<a href=\"https:\/\/grow.ee\/en\/juhi-kaugtood-valismaalt\/\" class=\"plain\">Manage remote work from abroad \u2013 prevent the emergence of a permanent location with these tips!<\/a>\n\t\t\t\t\t<\/h5>\n\t\t\t\t\t\t\t\t\t\t<div class=\"is-divider\"><\/div>\n\t\t\t\t\t\t\t\t\t\t<p class=\"from_the_blog_excerpt\">\n\t\t\t\t\t\tRemote work for a driver from abroad is not just a convenience - read how to drive smartly and avoid tax risks.\t\t\t\t\t<\/p>\n\t\t\t\t\t                    \n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"badge absolute top post-date badge-outline\">\n\t\t\t\t\t\t\t<div class=\"badge-inner\">\n\t\t\t\t\t\t\t\t<span class=\"post-date-day\">27<\/span><br>\n\t\t\t\t\t\t\t\t<span class=\"post-date-month is-xsmall\">Mar<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div><div class=\"col post-item\" >\n\t\t\t<div class=\"col-inner\">\n\t\t\t\t<div class=\"box box-normal box-text-bottom box-blog-post has-hover\">\n            \t\t\t\t\t<div class=\"box-image\" >\n  \t\t\t\t\t\t<div class=\"image-cover\" style=\"padding-top:56.25%;\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/grow.ee\/en\/raagi-raamatupidajaga-valdi-lisakulusid\/\" class=\"plain\" aria-label=\"Talk to an accountant \u2013 avoid additional costs\">\n\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Raamatupidaja-Grow-Finance-300x169.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" srcset=\"https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Raamatupidaja-Grow-Finance-300x169.jpg 300w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Raamatupidaja-Grow-Finance-720x405.jpg 720w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Raamatupidaja-Grow-Finance-768x432.jpg 768w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Raamatupidaja-Grow-Finance-1536x864.jpg 1536w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Raamatupidaja-Grow-Finance-2048x1152.jpg 2048w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Raamatupidaja-Grow-Finance-18x10.jpg 18w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t<\/a>\n  \t\t\t\t\t\t\t  \t\t\t\t\t\t\t  \t\t\t\t\t\t<\/div>\n  \t\t\t\t\t\t  \t\t\t\t\t<\/div>\n          \t\t\t\t\t<div class=\"box-text text-center\" style=\"background-color:rgb(232, 237, 244);\">\n\t\t\t\t\t<div class=\"box-text-inner blog-post-inner\">\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<h5 class=\"post-title is-large\">\n\t\t\t\t\t\t<a href=\"https:\/\/grow.ee\/en\/raagi-raamatupidajaga-valdi-lisakulusid\/\" class=\"plain\">Talk to an accountant \u2013 avoid additional costs<\/a>\n\t\t\t\t\t<\/h5>\n\t\t\t\t\t\t\t\t\t\t<div class=\"is-divider\"><\/div>\n\t\t\t\t\t\t\t\t\t\t<p class=\"from_the_blog_excerpt\">\n\t\t\t\t\t\tEarly communication with an accountant will help avoid surprises and find better solutions for your business.\t\t\t\t\t<\/p>\n\t\t\t\t\t                    \n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"badge absolute top post-date badge-outline\">\n\t\t\t\t\t\t\t<div class=\"badge-inner\">\n\t\t\t\t\t\t\t\t<span class=\"post-date-day\">27<\/span><br>\n\t\t\t\t\t\t\t\t<span class=\"post-date-month is-xsmall\">Feb<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div><div class=\"col post-item\" >\n\t\t\t<div class=\"col-inner\">\n\t\t\t\t<div class=\"box box-normal box-text-bottom box-blog-post has-hover\">\n            \t\t\t\t\t<div class=\"box-image\" >\n  \t\t\t\t\t\t<div class=\"image-cover\" style=\"padding-top:56.25%;\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/grow.ee\/en\/kuidas-valtida-topeltmaksustamist\/\" class=\"plain\" aria-label=\"How to avoid double taxation if the holding is less than 10%?\">\n\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Topeltmaksustamine-300x169.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" srcset=\"https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Topeltmaksustamine-300x169.jpg 300w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Topeltmaksustamine-720x405.jpg 720w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Topeltmaksustamine-768x432.jpg 768w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Topeltmaksustamine-1536x864.jpg 1536w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Topeltmaksustamine-18x10.jpg 18w, https:\/\/grow.ee\/wp-content\/uploads\/2026\/02\/Topeltmaksustamine.jpg 1920w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t<\/a>\n  \t\t\t\t\t\t\t  \t\t\t\t\t\t\t  \t\t\t\t\t\t<\/div>\n  \t\t\t\t\t\t  \t\t\t\t\t<\/div>\n          \t\t\t\t\t<div class=\"box-text text-center\" style=\"background-color:rgb(232, 237, 244);\">\n\t\t\t\t\t<div class=\"box-text-inner blog-post-inner\">\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<h5 class=\"post-title is-large\">\n\t\t\t\t\t\t<a href=\"https:\/\/grow.ee\/en\/kuidas-valtida-topeltmaksustamist\/\" class=\"plain\">How to avoid double taxation if the holding is less than 10%?<\/a>\n\t\t\t\t\t<\/h5>\n\t\t\t\t\t\t\t\t\t\t<div class=\"is-divider\"><\/div>\n\t\t\t\t\t\t\t\t\t\t<p class=\"from_the_blog_excerpt\">\n\t\t\t\t\t\tDividends received from an Estonian company with a holding of less than 101% may result in double taxation.\t\t\t\t\t<\/p>\n\t\t\t\t\t                    \n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"badge absolute top post-date badge-outline\">\n\t\t\t\t\t\t\t<div class=\"badge-inner\">\n\t\t\t\t\t\t\t\t<span class=\"post-date-day\">17<\/span><br>\n\t\t\t\t\t\t\t\t<span class=\"post-date-month is-xsmall\">Feb<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>With business analytics, you'll understand your business, identify bottlenecks and make smarter, data-driven decisions.\u00a0<\/p>","protected":false},"author":10,"featured_media":7776,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79],"tags":[52,19],"class_list":["post-7773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arianaluutika","tag-arianaluutika","tag-raamatupidamisteenus"],"_links":{"self":[{"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/posts\/7773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/comments?post=7773"}],"version-history":[{"count":2,"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/posts\/7773\/revisions"}],"predecessor-version":[{"id":13795,"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/posts\/7773\/revisions\/13795"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/media\/7776"}],"wp:attachment":[{"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/media?parent=7773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/categories?post=7773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grow.ee\/en\/wp-json\/wp\/v2\/tags?post=7773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}