Bundle Referral Scheme Refer someone to Bundle and get 10% of their first year’s invoice!
Bundle logo

Five Reasons You Need to Automate Your Reporting

Kyle Daniels
Dec 13, 2023
Five reasons you need to automate your reporting

How much time do you spend on your reporting each month?

Ballpark? Hours, days, a week? More?

At Bundle, we’re dedicated to removing the manual, time-consuming elements of reporting giving you faster access to the information you need, presented in a way that’s actually readable!

We do this via automated reporting, and we think it’s such a game changer that we’ve put together five compelling reasons for you to make the switch.

1. Automated Reporting Makes You More Efficient

First and foremost, automating your reporting can significantly increase your efficiency. I mean, how many times does someone winch when you speak to them about how much time you spend reporting? It’s a lot, isn’t it.

Manual reporting is a proper time-consuming process, often involving tedious tasks such as data entry, data cleaning, and data validation. Let’s be honest though, while important, these tasks take an absolute age and make you dread the entire process.

With automated reporting, these tasks can be performed in a fraction of the time, freeing you up to focus on more important aspects of your business, like reading more of our blogs. Bundle can pull data from various sources within your business, cleanse it, validate it, leaving you with just a click of a button to generate stunning, interactive reports filled with vital data. Not only are you saving time, but you’re also reducing the risk of human errors and inaccuracy. What’s not to love!

Efficiency in Action

Consider a scenario where you’re required to generate weekly sales reports. Without automation, this could involve manually pulling data from your sales system, cleaning it, validating it, and then creating the report itself.

Now imagine you have multiple sales reports covering different products, territories, and owners which you then need to consolidate and write a narrative for a board that just wants the final numbers. I’m turning pale just writing this.

With automation, however, this process can be reduced to a matter of seconds.

Just program Bundle to pull the data at a specific time each week, let it work its magic and then schedule it to send to the right person at the right time. No more delayed reports, and you save hours each week. Plus, you look like an absolute legend in the process.

2. Automated Reporting Increases Accuracy

Another major benefit of automated reporting is the increased accuracy it offers.. If we’re being honest, manual reporting is prone to human error.

Whether it’s a simple data entry error or a more complex calculation error, these mistakes can have significant implications for your business, and they also make you look silly as you present data that has more holes in it than an EastEnders Christmas special.

Automated reporting, on the other hand, eliminates the risk of human error. No, we’re serious, it does. Once your automation software is set up correctly, it will consistently produce accurate reports. Thus giving you greater confidence in your data and allowing you to make more informed decisions.

Accuracy in Practice

Let’s say you’re manually calculating your monthly profit. This involves subtracting your expenses from your revenue. If you accidentally enter an expense as a revenue, this could significantly skew your profit calculation, leading to incorrect decisions. Not so smart now, eh!

With automated reporting, this risk is eliminated. Bundle accurately calculates your profit each month, giving you a clear and accurate picture of your financial performance.

3. Consistency Is Key

Inconsistent reports can lead to confusion, misinterpretation, and incorrect decisions. Also, while we’re stating the obvious, the Sky is blue and the earth is round.

Automated reporting ensures consistency by using the same processes and calculations each time a report is generated. There are no shortcuts, no tired eyes, or bored fingers.

This consistency can make it easier to compare data over time, identify trends, and make predictions.

We’ve all been there. Trying to put together a report, and you’re stuck collating data from different people to present back. One person sends in Excel, another in Google Sheets, another sends a Power Bi link, someone else copies and pastes it into Slack, and another person chisels it into a stone tablet. Not only are you staring down the barrel of a deadline, but now you’re trying to interpret five different stories into one coherent message.

By adding in that consistency (remember it’s key), you ensure that all the data is collected and interpreted in the same way, with the same format and calculations being used. Not only does it save you a mountain of time (get it, Moses came down from the mountain with the tab… Oh, forget it) you’re also ensuring that it’s easy for the various stakeholders to digest and understand.

Consistency in Practice

Imagine you’re manually creating monthly sales reports. One month, you might calculate your average sale price by dividing your total sales by the number of sales. The next month, you might calculate it by dividing your total sales by the number of items sold. This inconsistency could lead to confusion and incorrect conclusions.

With automated reporting, this inconsistency would be eliminated. Bundle calculates your average sale price in the same way each month, ensuring consistent and accurate reports.

Share
Tweet
Share
Share

Our latest blogs

Bundle blog post - AI for business

Taking the Leap: How AI Can Transform Your Business Without Breaking the Bank

Marketing is key to the success of any business. Seriously, don’t let anyone refer to you as the ‘colouring in crew’ or the ‘make it look pretty’ team. Without marketers, the business's message would fall on deaf ears, and every page on the website would be a generic call to action.
AI myths busted blog post for Bundle

AI Myths Busted: Why AI Isn’t Just for Tech Giants

Marketing is key to the success of any business. Seriously, don’t let anyone refer to you as the ‘colouring in crew’ or the ‘make it look pretty’ team. Without marketers, the business's message would fall on deaf ears, and every page on the website would be a generic call to action.
LinkedIn Stack

Elevate Your LinkedIn Game: Why Bundle’s LinkedIn Stack is Your Next Big Move

Marketing is key to the success of any business. Seriously, don’t let anyone refer to you as the ‘colouring in crew’ or the ‘make it look pretty’ team. Without marketers, the business's message would fall on deaf ears, and every page on the website would be a generic call to action.

Like what you hear and want to know more about Bundle? Give us a call!

We want to know your needs exactly so that we can provide the perfect solution. Let us know what you want and we’ll do our best to help.

Book a call today to discuss how we can build your Bespoke Bundle

Create value from your data by running it through one of our Bespoke Bundles. Let us know what kind of data you have below.
What is the main kind of data you have?

See it in action!

Seeing is believing! Book a demo today to discover how easy it is to get started with Bundle.

Book a Discovery Workshop

Seeing is believing! Book on a workshop today to discover how easy it is to get started with Bundle