Business Intelligence Solutions – Reliable Insights for Competitive Edge
Dive into the competitive edge you’ve been seeking with Handshakes’ comprehensive company registry database. Unearth key insights into your competitors, stay ahead of market trends and navigate the complexities of regulatory compliance with ease. With Handshakes, you’re not just informed; you’re ahead of the game.
ON THIS PAGE
What are Business Intelligence Services?
Business intelligence services are crucial in the digital era, transforming raw data into actionable insights. These services leverage advanced tools and methodologies, like data mining, analytics, and reporting, to help businesses make informed decisions, optimise operations, and gain a competitive edge.
Leveraging Company Registry Data for Business Intelligence
Tap into a wealth of company registry data to sharpen your business intelligence (BI).
Competitor Analysis
In today’s highly competitive markets, understanding your competition is key to establishing a strategic advantage. By exploring the registration details, financial performance, corporate structure, ownership, and key personnel of competitors, businesses can gain valuable insights into their operational strategies. This detailed analysis helps in identifying areas for strategic differentiation, enabling companies to tailor their approaches to not only meet but exceed market expectations.
Partner and Supplier Due Diligence
Entering into new commercial relationships requires a thorough vetting process to ensure the credibility and reliability of potential partners or suppliers. Conducting due diligence checks by verifying the legal status, financial stability, and ownership structure of these entities can safeguard businesses against unforeseen risks and challenges. This meticulous approach to selecting partners or suppliers ensures that businesses build commercial relationships that are both trustworthy and beneficial in the long run.
Investment Decisions
Making investment decisions is a significant aspect of business strategy that requires careful consideration and analysis. Leveraging company registry data to evaluate the financial health and stability of companies offers investors a clear perspective on the risks associated with potential investments. This level of insight is invaluable in making informed, strategic investment choices that align with business goals and risk tolerance.
Risk Mitigation
Identifying and mitigating risks is essential for the sustainability and success of any business operation. Analysing company registry data provides a comprehensive overview of potential legal and financial risks, including conflicts of interest, litigation history, regulatory non-compliance, or financial irregularities. Being equipped with this information allows businesses to adopt proactive measures for risk mitigation, ensuring the long-term security and growth of the company.
At a Glance: Handshakes’ Business Intelligence Solutions
- Modernisation of Existing BI Tools
- BI Systems Integration
- Integration with Third-party Solutions
- Reporting Automation
- Data Visualisation
- Data Warehousing and ETL
Deploy Handshakes 3-Step Process
The Handshakes’ business intelligence service offers a robust three-step process to access, visualise, and monitor business intelligence data effectively.
1
Search Entity
Users can conduct a company registry search in Singapore to tap into a rich repository of official records that are foundational for sound business analysis.This includes information from the company registry, details about engagement in the capital markets, litigation records, and insights into business relationships. Each of these data points is crucial in understanding the legal and financial backdrop of the entity in question.
2
Visualise Connections on Interactive Maps
The business intelligence service provides innovative tools to discover and interpret the network of connections related to an entity. Utilising radial maps, users can view the entity at the centre of a comprehensive web of connections, offering a clear view of direct and indirect relationships. The interconnection map further expands on this by illustrating the links and relationships between different entities, highlighting how they are interrelated within the larger market ecosystem.
3
Save Reports and Set Alerts
Users are able to delve deeper into the data with official reports and ongoing monitoring tools. The RED list reports furnish detailed information on entities that may pose a risk, while entity profile reports give a comprehensive overview of a company’s history, structure, and operations. Financial profile reports provide a deep dive into a company’s financial health. To keep users up-to-date with the latest information, the service also offers the ability to set alerts for entity monitoring, ensuring that users can react promptly to any changes in the data.
Empower Your Business Intelligence Strategy with Handshakes
Unlock the full potential of your BI strategy with Handshakes. As a premier business intelligence agency in Singapore, we offer a suite of solutions designed to empower you to gain crucial market insights, conduct thorough competitor analysis, ensure diligent due diligence, and manage risks proactively. Transform your BI into actionable insights and tangible outcomes. Embrace Handshakes today and pave the way for sustained growth and profitability.
Frequently asked questions
Business intelligence systems play a pivotal role in improving data security within an organisation. By consolidating data from various sources into a centralised platform, BI tools make it easier to monitor and manage access to sensitive information. They provide advanced data encryption, user authentication, and access controls, ensuring that only authorised personnel can view or manipulate critical data.
Furthermore, BI tools often come with built-in compliance standards that help in adhering to data protection regulations. Through detailed audit trails and real-time monitoring, BI systems can quickly identify and alert about any unusual activities, mitigating potential security breaches before they escalate.
With reliable data sources and proprietary data analytics, our solutions are API ready, providing a quick plug-and-play connection for seamless integration with existing BI tools and infrastructure.
Powered by proprietary data analytics technology, the Handshakes’ solution is an excellent tool for organisations to draw critical relationships among businesses based on official data sources that enables meaningful analysis to be drawn for predictive analytics purposes.
We hope you have found the FAQ useful. If your questions are not addressed here, please do not hesitate to reach us at enquiries@handshakes.com.sg and our consultants will be glad to assist you further.
Our clients
To see if our solutions are the right fit
Request for a demo or speak with us to tailor the right solution for your organisation.
