Elevate your insights with our new interactive dashboard
We’re pleased to announce the launch of our latest enhancement to the annual Product Performance Review: the Interactive Data Analysis Dashboard. This cutting-edge tool offers Imosphere users deeper insights and more control over their data, allowing them to explore and analyse their Formulate data like never before.
What is a Product Performance Review?
All Formulate customers are entitled to an annual Product Performance Review as part of their SLA. The Product Performance Review looks at the customer’s specific Formulate model and local usage, and allows us to analyse the efficacy of a customer’s Formulate model, through identifying any reasons for variation between the Estimated and Actual Budget. Additionally, as a result of the Product Performance Review there is an opportunity for users to discuss and implement any improvements needed to the Formulate model and overall process.
Why you’ll love our new dashboard
The new dashboard will revolutionise the way our customers interact with Formulate data, empowering them to make informed decisions and enhance service delivery. Check out some of the exciting features below:
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Interactive Slicers: Easily adjust tables and graphs to focus on specific client groups or living situations. Whether you’re interested in data for all clients or specific groups like those with mental health difficulties, our slicers make it simple to compare actual and estimated budgets across various scenarios.
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Comprehensive Tabs: Navigate your data with ease using our structured tabs:
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Recommendations & Observations: Summarised key messages from your analysis.
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All Cases: View all your data in a structured format.
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Out of Tolerance Cases: Identify cases where estimated budgets deviate from actual budgets beyond an acceptable level.
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Sample Summary: Get a high-level overview of your data.
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Benchmarking using Global Needs Band: Compare your data with our national dataset to understand how your estimate budgets compare with other local authorities.
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Understand the financial impact of Formulate: Analyse the financial implications of your data at both sample and population levels. This can aid significantly in financial planning and resource allocation.
Mark Rogers, Imosphere’s Customer Success Team Manager, shared his enthusiasm about the launch: “We’re excited to see how our customers will harness the power of this innovative new tool. To support them, we’re developing comprehensive tutorials that will help users fully leverage its advanced features. This tool offers deeper insights that I’m confident our users will find incredibly valuable.”
If you’re not currently a Formulate customer but would like to see how the tool could benefit your local authority, get in touch with any queries or to schedule a product demo or consultation. Our team of experts will guide you through the features and help you start making data-driven decisions.