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How to use a data cube to measure business performance?
Date:2023-01-07
1. Identify Key Performance Indicators (KPIs): Identify which performance metrics you want to measure, such as gross revenue, customer retention rate, customer acquisition cost, etc.
2. Select Suitable Dimensions: Select the dimensions that you want to capture for each of your chosen KPIs, such as product category, geographic location, and time period.
3. Collect and Organize Data: Collect data from multiple sources and organize it in your data cube.
4. Analyze Data: Once your data cube is set up, use it to start analyzing the performance of your business.
5. Present Results: Once you’ve made your observations, you can present your findings to different stakeholders using visualizations such as bar charts, line graphs, and scatter plots.
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Is your digitalization effort on the sidelines?
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5. When a customer pays the invoice, QuickBooks will track the taxes collected, and when it’s time to remit payment, you’ll have a record of any taxes owed.
6. To view the total sales tax collected for a time period, go to the Taxes tab and select Sales Tax. Then, select Reports to view the sales tax summary.
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