% Complete (Contract vs Project) of all contracts in the target region
- Dot represents – Scheduled percentage of contract completion (based on the contract start date and contract substantial completion date)
- Bar represents – Percentage of contract value invoiced by the vendor (color-coded based on 10% variation of billed vs scheduled percentage)
This graphics allows users to quickly ask why contract #561063 is 171% “invoiced” and only 60% “complete.” This means they can quickly and easily see contracts which need attention or that are missing data enabling them to spot trouble faster and giving the executives a greater level of visibility in the organization.
Business intelligence can be a little daunting at first. There’s a lot of data to deal with, and it can overwhelm you if you’re not careful. But if you go in with a plan, and really understand business intelligence and the strategy that you’re implementing, you can turn that plethora of raw data into real, usable information that can grow your company. That’s where Lantern Data Systems comes in. We specialize in business intelligence solutions for the construction industry. We’re experienced in both BI and construction, and can provide the specifically-tailored solutions that construction companies need.