VAI Introduces S2K Analytics 6.2.7 to Enhance Decision-Making and Boost Profitability

Ronkonkoma, NY, December 5, 2024 – VAI, a leading ERP software developer, has announced the release of the company’s most comprehensive Analytics application to date, VAI S2K Analytics 6.2.7. With over 100 pre-built reports and dashboards that help to provide insights into overall company performance and departmental metrics, the application allows customers to identify trends, opportunities, and solve potential challenges of slow-moving inventory, increased carrying costs, risk of obsolescence, reduced cash flow, and potential for loss.

Storing slow-moving items incurs costs for warehousing, insurance, and maintenance because the longer inventory sits, the higher the risk of damage, theft, or spoilage, particularly for perishable goods. These costs can add up over time, reducing overall profitability. Slow-moving inventory can impact cash flow and the ability to reinvest in faster-moving products.

VAI Analytics is an advanced business intelligence solution powered by IBM Cognos designed to help businesses identify inefficiencies and optimize operations. The software allows for both low-level monitoring that concentrates on departmental metrics and high-level monitoring that concentrates on the enterprise's overall performance. With VAI Analytics, customers may track progress toward targets, enhance decision-making, and increase revenue and profitability with user-friendly reports and dashboards with real-time access to VAI's ERP data. To attain the best performance metrics, users in the manufacturing, distribution, retail, and service industries can use VAI Analytics as a line of business performance tool environment, including in times of disruption.

During disruptions, this can mean the difference between maintaining service levels and experiencing significant downtime. Data-driven insights enable organizations to be more resilient by understanding and adapting to changing conditions, ranging from supply chain adjustments to workforce management. Understanding customer behavior and preferences through analytics can help businesses maintain customer satisfaction and loyalty, even during turbulent times. VAI Analytics can identify cost-saving opportunities and help manage resources more effectively, which is particularly important when disruptions strain financial resources.

“Better decision-making relies heavily on data,” said Paul de Prado, Director of Analytics and Data Science, VAI. “A large portion of analytics software available on the market today is complicated to use, too costly, or simply lacks capabilities that align with the particulars of the company, making it unsuitable for business purposes. VAI Analytics 6.2.7 is next-generation analytics, designed to provide our customers with the data they require to be successful.”

Some of the key updates to this application are:

Sales Analytics Reports

In addition to the new Sales Analysis Summary displayed above, S2K Analytics 6.2.7 provides new Structured Sales Analysis Reports which customers can use to build their own sales reports by choosing the columns they want to report on. This no-code solution reduces development costs and makes it easy for businesses to customize their analysis to suit their needs.

Executive Sales Dashboard

With the new Executive Sales Dashboard, customers can get an overall view of sales, cost and profit, as well as a comparison of the number of customers, order and sales reps for each period. Enhanced drill downs let them review top and bottom performers.

Slow Moving Inventory Report

Customers can see which items are not selling by company and location, and drill down into the details to view the items’ last order date, last purchase date, and current inventory value.

Enhanced Financial Management Reports

Analytics has now become the central hub for all financial management reports. S2K Analytics 6.2.7 provides dynamic reports for Income Statement, Balance Sheet, and Cash Flow needs. In addition, customers can create their own financial reports using the drag and drop report writer for custom financial reports tailored to their specific needs.

Enhanced Warehouse Performance Dashboard

The enhanced Warehouse Performance Dashboard allows customers to monitor all warehouse activity and analyze transactions by employee, area, and zone, to track employee performance and areas for workflow improvement.

“VAI Analytics empowers our customers to extract valuable insights and make informed business decisions without the hassle of downloading and sifting through thousands of rows of data in a spreadsheet,” said Jason Richter, Director of Analytics Applications, VAI. “It simplifies the process of summarizing complex information and identifying outliers, allowing you to focus on the details that matter. Share these insights with your team to drive better outcomes.”

For more information about VAI S2K Analytics, visit:  https://www.vai.net/solutions/s2k-analytics.

To view a webinar recording of powerful new VAI S2K Analytics Reports and Dashboards, visit:

VAI On-Demand Webinars.

Image Credit: all images in this press release are the property of VAI.

About VAI

VAI is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, retail, and service sectors. VAI's software solutions are backed by a wealth of experience and a reputation for excellence that countless companies rely on. With specific ERP solutions for hard goods, food, and pharmaceutical companies, VAI has helped some of the most recognized companies address key industry requirements and deliver bottom-line results. VAI continues to innovate with new solutions that leverage business intelligence, analytics, mobility, and cloud technology to help customers make more informed business decisions and empower their mobile workforce. For more information, visit https://www.vai.net .