power bi
Sales Analytics & Customers Receivables
Power BI changed the way we used to manage sales and customer receivables within Sofocles Kyprianou Ltd. It allows real-time insights with detailed analytics, enabling us to make smart decisions, improve cash flow, and stay ahead of the curve.
The Power BI analytics system in Sofocles Kyprianou Ltd provides the pictorial view of critical sales metrics, including customer receivables for decision-making and contributing to operational efficiency.
It means that with dynamic sales dashboards, the company gains an interactive insight in real time into the performance of sales teams, emerging sales trends, and customer behavior. Through this, management can drill down into detailed sales data, finding figures presented in customizable groupings, both in table format and visually through dynamic charts and graphs.
In-depth analysis of customer receivables is also done within the Power BI solution, which will, in turn, enable Sofocles Kyprianou Ltd. to closely monitor outstanding payments and estimate credit risk. The management will be able to pinpoint overdue invoices, the trend of payments, and the customer history of payments for the purpose of enhancing credit control and improving cash flow. This will give the company an edge in focusing on potential issues well in advance, taking necessary measures to ensure that collection rates improve and financial performance remains healthy through customizable reports and refreshes in real time.
Sofocles Kyprianou Ltd was founded in 1969 in Nicosia, Cyprus, and from its humble beginnings in plumbing equipment and building materials it has emerged over time as one of the leaders in the wholesale and retail market in the fields of ceramic tiles and sanitary ware. All these years, the company has enjoyed steady development, ranging up to the opening of a large showroom in the 1980s and a 15,000 m² warehouse by the 1990s, so as to achieve full coverage of Cyprus. Despite Sofocles Kyprianou Ltd facing quite a number of challenges, including the financial crisis of the 2010s decade, it remained stable and continued improving its services, offering a state-of-the-art showroom in 2018. Firmly engaged in excellent service delivery and quality products, the company boasts an expert team of sales advisors and designers who put effort into trying to always exceed the expectations of their customers.
