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OLTP and OLAP: Two Sides of the Same Data Coin?

Astera

This results in efficient data storage and retrieval Optimized for write operations: OLTP systems optimize write operations, allowing them to handle a large number of data inserts, updates, and deletes efficiently.This is critical for applications that require real-time data updates. What is OLAP?

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All You Need to Know About Data Aggregation

Astera

It prepares data for analysis, making it easier to obtain insights into patterns and insights that aren’t observable in isolated data points. Once aggregated, data is generally stored in a data warehouse. This aggregation type is preferable to conduct trend or pattern analysis over time.

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Your Path to a Stress-Free, Successful Year-End Close in Real Estate and Property Management?

Insight Software

Manual processes : The time-consuming and tedious process of copying/pasting data from MRI or Yardi standard reports and merging that with any other relevant data (possibly from other systems) for relevant reporting. Leverage formulas for preparation and submission of required financial statements and reports.

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From IT Dependence to Ad Hoc Reporting: Why and How

Insight Software

Unfortunately, these tend to fall short of the mark when it comes to usability and robustness for financial reporting. They simply don’t work well for financial analysis because they lack the ability to add formulas, pivot tables, “what if” scenarios, and so on. Exercise Control Over Financial Reporting with Real-Time Data.