Jun 20, 2024
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How a Fashion Brand Achieved 35% ROI with Expense Analytics
Completed

How a Fashion Brand Achieved 35% ROI with Expense Analytics

$50,000+
7-12 months
United Arab Emirates, Kuwait
2-5
view project
Service categories
Service Lines
Big Data
Domain focus
Other
Retail and Restaurants
Subcategories
Big Data
Data Analytics

Challenge

The client experienced several challenges as outlined by the following: They found it difficult to compile numerous reports and detailed dashboards of their KPIs in the expenses’ category. Constant or frequent data flow from different areas was complex to handle. Also, managing many datasets together to function with and maintain the two dashboards was rather challenging, and several concepts such as table column backgrounds and product images when accessing the dashboard were missing.

Solution

We addressed these steps in a gradual manner. Firstly, we undertake a study on what the client required or what was required as was the case. We then have created BI reports and dashboards with Tableau Online and Tableau Desktop specifically for Sanlam. These tools aided us in producing dynamic maps that led to generation of good visuals and in ensuring that data had been analyzed to the best skills. New features such as dynamic image fetching were incorporated to enhance user interaction with the dashboards while performance was enhanced by minimizing on numerous data fields which were not in use and replacement of the same with an efficient data extract.

Results

The project delivered the specified goals of the project such as easy expense tracking and monitoring, increase in the performance, good decision-making, improvement in the user interface, and valuable expense analytic. These enhancements enabled the client to optimise expenditure, enhance operation efficacy, make effective key decisions, and enhance users’ experience, from the viewpoint of financial metrics.
No image
How a Fashion Brand Achieved 35% ROI with Expense Analytics
No image
How a Fashion Brand Achieved 35% ROI with Expense Analytics
No image
How a Fashion Brand Achieved 35% ROI with Expense Analytics