Connected Solutions

Why Real-Time Reporting is Vital

Share

The speed at which we work in today’s business world has brought about demands for faster everything. Real-time reporting is vital to meeting those demands, because it provides data at up to the moment speeds. Maintain organization by tracking leads, opportunities, revenue and the usage of each of your members. Real time reporting provides you with the ability to optimize the performance of your space and services, allowing you to make smarter decisions.

What exactly is real-time reporting?

Real-time reporting is being able to see both data and results live. Coworking and shared space operators can use real-time data to track sales, revenue and space utilization.  This data can also help with implementing new designs, membership plans, and other changes specific to your members.

More than just statistics

Knowing what to change, improve, or leave untouched is a key to successfully managing your workspace. Data and reports are provided instantly so that we can better understand customer needs, behaviors, trends, etc and therefore provide better service, ultimately increasing revenue. You can also use this data to make changes based on member behavior throughout certain times of the year. This way, you can even be ahead of demands before they happen. Having access to real-time data will help you identify trends to ensure your workspace is optimized for revenue and growth.

The ideal platform will provide you with real-time view of potential opportunities and projected revenue, with ease of access from anywhere.

Anything you can do to better serve your members, as well as improve the quality of your spaces, will work to increase revenue and member satisfaction in the long run. Real time reporting delivers the data needed to help  Coworking and shared space operators make smarter and more strategic decisions. To learn more about how the WUN platform is ideal for reporting, please click below.