Business intelligence (BI) software is a type of application software designed to retrieve, analyze, transform, and report data for business intelligence. R365 Intelligence is BI software is used to support a wide range of restaurant business decisions ranging from operational to strategic. It includes tools for data mining, online analytical processing, querying, reporting, and data visualization.
Business Intelligence software helps restaurant operators to gain valuable insights into their operations. It can be used to track sales, analyze customer behavior, identify trends, optimize pricing, and more. The software can also provide reports and dashboards that give restaurant operators a comprehensive view of their business and help them make better decisions. Additionally, Business Intelligence software can provide predictive analytics that can help restaurant operators anticipate customer demand and make adjustments as necessary.
Business intelligence software can be used to track multiple restaurant KPI’s, such as sales, employee efficiency, and operational costs. Tracking sales can help restaurants to identify areas of growth and understand their customer base. Employee efficiency KPI’s can be used to measure and optimize staff productivity. Lastly, operational costs can be monitored to understand expenses and profitability. With business intelligence software, restaurants can quickly and easily track a wide range of KPI’s to gain insights into their business performance.
Franchises want software that helps them rank their stores in order to gain a better understanding of which stores are performing better than others and identify areas for improvement. This data can help them identify which stores are the most successful and which need to be adjusted in order to be more profitable. Additionally, software can provide valuable insights into customer preferences, helping franchises form more effective marketing strategies.