The Importance of Timely, Valid and Actionable Data

At ClearPoint, our goal is to give organizations access to the data they need, when they need it, so that they can focus on making good decisions.

RJ, Associate Consultant, works with ClearPoint customers to improve the efficiency and effectiveness of their performance management processes by leveraging ClearPoint's strategy execution software.

Organizations are often faced with situations and challenges that require them to make decisions, and fast.

In the midst of these trying times where we are caught up in a worldwide COVID-19 pandemic, organizations are finding that they need to make immediate decisions that could affect many people in their company or community. Crises and uncertainty can strike at any moment, so it is important to always have a plan and be prepared. A key element to preparedness in times like these is the data that organizations have available. Organizations need to have valid, timely and actionable information available so that they can make the best decisions possible for all their stakeholders.

Our research shows that companies spend more than 40 hours a month gathering, analyzing, and formatting data for each report they need! That is an incredibly large amount of time spent chasing after data rather than making and executing on decisions. When data is needed quickly, organizations cannot waste time searching for it. As the seriousness and response to COVID-19 began unfolding, one of our clients reached out to us to explain how ClearPoint enabled them to get the information they needed right away.

Our customer received a request from their City Council to access data in order to prepare a response to the COVID-19 outbreak. They knew that without economic data, it would be difficult to make financial decisions on how to respond to the pandemic. Given that the virus could reach their city in a matter of time, there was a need to supply quick and accurate data. Thankfully, the city had all their data available in ClearPoint so that they could create a report with just the information that City Council needed. They were able to send the data over to City Council within just a few minutes without any time wasted on chasing data.

… there I was today, being asked for economic data City Council can use to make decisions about response to COVID-19. And I'm so very grateful to have ClearPoint as my tool. It enables me to tell the story of what financial impact this situation could have. It's so robust, flexible, and comprehensive. And also intuitive to use, and easy to adapt.

Decisions that local governments and other organizations make over the coming weeks will affect government funding requests. It’s important that our clients have access to the information they need and understand what it means so that they can make these requests quickly and can provide supporting information.

At ClearPoint, our goal is to give organizations access to the data they need, when they need it, so that they can focus on making good decisions. Our number one priority right now is to help our clients in quick decision-making processes and to contribute to the mitigation of the ongoing crisis. We hope that this will allow our clients and our efforts to help provide relief to those in need.

It is crucial to have accurate data accessible when there is uncertainty in the future for different businesses, local governments, and even healthcare providers. This data will be the driver behind decisions that are made and plans that are executed. ClearPoint meets the needs of data accessibility by providing an innovative and flexible software that you can count on when you need it the most!

The Importance of Timely, Valid and Actionable Data