The Development of Report Tools
Report tools, also called reporting software, are applications that provide enterprises with various reports about their businesses. Reports produced can range from sales reports, to production reports, to ad hoc reports, reports in which the user customizes the queries, perhaps for a specific problem.
Primarily, report tools hub essential data from every corner of the enterprise, and then present the data in a meaningful way to employees and decision makers.
Predating automated reporting systems, reports had to be put together by hand from many different spreadsheets and only a handful of people would be able to view the data. This process was time consuming, vulnerable to error, and created a bottleneck effect of information flow within the enterprise.
Today, however, report tools have become increasingly indispensable in the business environment. Such tools allow essential and relevant data to stream through all levels of the enterprise in real time. Furthermore, the data is no longer just numbers, but rather a live visual of where the business stands.