When business volume growth breaks all barriers

[seonajmulislam00]

Leading a company to sustained and exponential business growth is a challenge that every analyst and manager aims to achieve.

When this happens, it also happens that in the face of this new scenario, many of the company's practices become "small" or obsolete, weakening the processes that are no longer able to supply the current business volume. And even more so when the focus is on the management of data from the company's operations.

Updating, evaluating opportunities for improvement and managing change towards new paradigms then becomes the new challenge to face.

Imagine a company dedicated to credit management and administration, which since its inception in 2000 has experienced sustained growth, and which since 2011 has gone through a period of accelerated growth: in 18 months it went from recovering credits for $2.1 billion to $19 billion, and practically tripled its debtor base from 1.5 million to 4 million.

The Business Intelligence Manager himself described it as "insufficient" to continue managing the volume of information with the tools that were used until then.

We are talking about the case of FC Recovery , a company china phone number lead that manages non-performing loans and offers a platform of solutions to regularize debts, with presence in Argentina and Brazil.

"FC Recovery generated a large volume of information on a daily basis. It was necessary to work directly on SQL databases and integrate them with Office tools, a task that was becoming unfeasible ," says Gustavo Nievas, Business Intelligence Manager at FC Recovery Argentina.

Data management represented two major problems: (I) the high level of knowledge in SQL that BI/MIS areas had to have, due to the complexity of the company's core system structure; (II) the growth in business volume is not manageable using Office tools.

By 2010, the company's operations needed a data analysis plan that would support what had been done and the steps to follow with reports. It was then that they decided to move forward with the implementation of QlikView .

"Of the products tested, QlikView was the only one that demonstrated responsiveness to analyze large volumes of information, integrate different data sources optimally, provide a wide variety of visualization tools, and easy implementation ," says Nievas.

Around ten applications were developed, which enabled the wide range of business needs to be met: from simple results comparison reports to complex business information analysis, acquisition of new portfolios, management analysis and results monitoring.

With QlikView, FC Recovery achieved greater availability of reports in a timely manner, users who were more committed to the results and with more information needs. With the project in production, FC Recovery estimates that in an average of 15 months it will obtain the return on investment of the entire project.