Descriptive analytics looks at data and analyzes past events for insight as to how to approach the future. Descriptive analytics looks at past performance and understands that performance by mining historical data to look for the reasons behind past success or failure. Almost all management reporting such as human resources, sales, marketing, operations, and finance, uses this type of post-mortem analysis. Descriptive analytics answers the question “What happened?” (or What is happening?).
What Are The Benefits of Descriptive Analytics?
Cornerstone Reporting gives you a powerful set of tools with descriptive analytics to improve employee engagement and productivity. Organizations know what is really happening with their workforce and optimize their performance through fact-based decision making by having complete control and visibility of their talent data for all types of reporting using our suite of self-serve reporting tools and visually rich executive dashboards. Through our standard report library of more than 150 real-time reports, our fully customizable engine, and intuitive data visualizations, our customers get unprecedented insights across their organization. With Cornerstone Reporting, you can look back retrospectively for compliance reporting and easily conduct day-to-day talent record-keeping.