Business reviews: Using data to inform better business decisions
August 24, 2020
August 24, 2020
Field Nation is much more than just a platform. We’re a partner in your growth. A resource to help you leverage the contingent workforce, adapt to a constantly changing market, and make the best decisions possible as you work toward your long-term goals.
A business review is a key part of our relationship with our customers. It’s so easy to get bogged down in the details of your day-to-day business. Business reviews are an opportunity for your executive leaders and operations teams to come together with Field Nation and take a strategic, birds-eye look at your operations, challenges, and goals on a regular cadence.
Instead of struggling to make sense of hundreds of complex data points and metrics, business reviews tell a story that gives you a deeper understanding of your business, including:
What are you looking to achieve in the upcoming quarter or year? Do you need a plan to help you bid more competitively, increase flexibility, build your contingent labor pool, or reduce reliance on high-cost third-party vendors?
What are the key challenges you’re facing? Do you need help fixing your pricing strategy or improving your operational management process?
Are there opportunities to increase efficiency and reduce your operating costs? During a recent business review, one Field Nation client discovered that they were routinely paying 60 percent above the market hourly rate for server work orders. That one insight led to a significant drop in labor costs.
How do you compare to your competitors? What’s your year-over-year (YOY) performance compared to where you want to be? What benchmarks are most important to you and your business goals?
How can Field Nation contribute where we’re most needed? What underused tools will be most useful to you? What upcoming products and updates are on the horizon that will help improve your experience and operational efficiencies?
The most effective business reviews include four types of data: pricing, quality, coverage, and efficiency. These work together to uncover patterns that can lead to new insights and opportunities for growth.
Experience and efficiency
Available for Field Nation Plus and Field Nation Premier clients, business reviews tell an important story about the health and future of your business. They organize data in a way that lets you step back from the granular details and see the big picture. This perspective shift makes it easier to identify your most important goals, open up new opportunities for growth, lower costs, measure your progress, and get more value out of your partnership with Field Nation.
To learn more about business reviews and other benefits available to Field Nation Plus, or Field Nation Premier, contact our sales department at [email protected], or by phone at 877-573-4353, ext 2.
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