What is meant by Standard reports?
Standard reports are pre-defined reports or analyses integrated into software that extract and present frequently needed information from the system. These reports provide a quick overview of key metrics and performance indicators of a company or organization. They aim to provide decision-makers with relevant data and optimize business processes.
Typical features of software in the area of standard reports include:
- Predefined Reports: Templates for common reports that can be used without further customization.
- Customizable Reports: Ability to customize and personalize standard reports to individual requirements.
- Filtering and Sorting: Functions to filter and sort data in reports based on various criteria.
- Visual Representation: Visualization of data in the form of charts, tables, or graphics for easy-to-understand presentation.
- Export Options: Options to export reports in various formats such as PDF, Excel, or CSV.
- Automation: Ability to schedule and generate standard reports automatically, e.g., on a daily, weekly, or monthly basis.
- Notifications: Automatic notifications about reaching certain thresholds or the availability of new reports.
- Historical Data Analysis: Analysis of historical data in standard reports to identify trends and patterns.
Examples of Standard Reports:
- Sales report by product category
- Profit and loss statement (P&L)
- Cash flow analysis
- Inventory status report
- Customer satisfaction report
- Employee performance report