article thumbnail

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

Astera

Retail Point-of-Sale Systems: These systems enable retailers to process sales transactions, manage inventory, and track customer purchases. Data Warehousing Systems : These systems store large volumes of data from various sources and offer a unified view of the data for analysis purposes. They have a denormalized data structure.

article thumbnail

All You Need to Know About Data Aggregation

Astera

This aggregation type is preferable to conduct trend or pattern analysis over time. Temporal aggregation is extensively utilized in time-series modeling, financial analysis, and economic forecasting. These platforms support complex data aggregation and analysis tasks across finance, operations, and marketing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Are Business Reports And Why They Are Important: Examples & Templates

Data Pine

Here we take the time to define business report, explore visual report examples, and look at how to write one for various needs, goals, and objectives. In the process, we will use an online data visualization software that lets us interact with, and drill deeper into bits and pieces of relevant data. Let’s get started.

Retail 119
article thumbnail

What Is Ad Hoc Reporting? Your Guide To Definition, Meaning, Examples & Benefits

Data Pine

Moreover, a host of ad hoc analysis or reporting platforms boast integrated online data visualization tools to help enhance the data exploration process. This reduces the reliance on software developers or IT personnel for simple analysis and reporting. Easy to use: .

Retail 104
article thumbnail

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

Insight Software

Unearned income from tenants: Challenge : Accurately accounting for unearned income from tenants, particularly in commercial and retail spaces with advanced rent payments or lease incentives. Leverage formulas for preparation and submission of required financial statements and reports.

article thumbnail

11 Financial Model Examples & Templates for 2021

Insight Software

Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. As a finance professional, you’ll need different types of financial analysis and modeling for different situations. Financial modeling can be quite handy in a number of situations.

article thumbnail

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.