STORIS Launches New Business Intelligence Solution

STORIS released the latest product in its Unified Commerce Solution. Providing a solution that increases data accessibility and synthesizes analysis across selling channels, STORIS BI revamps the company’s approach to analytics.

With the introduction of the STORIS Unified Commerce Solution in 2017, common retailer feedback was that STORIS generates a tremendous amount of data across channels and modules. However, retailers were overwhelmed by all this data. In response, the company’s newest product, STORIS BI intelligence suite, provides unified, accessible, actionable and collaborative data analysis.

Donnie Surdoval, Sr. Product Manager for STORIS stated that, “The focus of launching STORIS BI was to create an engine that allows analysis to be business-led as opposed to IT-driven. This is a fundamental shift to better serve the wealth of human capital that organizations have through functional departments. STORIS BI provides more individuals across a company with the opportunity to drive findings that benefit the company as a whole.”

STORIS developed their Business Intelligence solution using Microsoft Azure and Power BI technology as the foundation. The result is a solution that is web-based and device agnostic, allowing business owners to view real-time data results from their mobile phones. Sr. Product Manager, Donnie Surdoval commented, “We are excited to deliver a product using best-in-class cloud and reporting tools that have an active community of users. We look forward to continuing to build on top of this excellent foundation.”

Unique to Microsoft’s foundational offering, STORIS BI’s solution optimizes analysis for home furnishings retailers. On the back-end, STORIS BI comes with defined, pre-calculated measures designed in conjunction with STORIS’ retail early adopters and the type of data provided through STORIS’ transactional database. Since STORIS developed complex backend datasets and relationships between data tables for the end user, users are less reliant on IT and new STORIS BI users are able to dive right into their analyses. Date & time parameters are also built in, so users can analyze using standard time frames such as year-to-date and month-to-date.

On the front end, graphical dashboards and visualizations help make data clear and approachable for the end user. Graphs, charts and tables help isolate trends. Users can take these measures to build their own reports and dashboards in a drag and drop, real-time interface. The streamlined workspace enables users to dive deeper into their findings, benefit their own business sectors and drive overall performance.

Cognizant of the need for both accessibility and security, STORIS BI makes it easy to share analyses across an organization, while still maintaining the security of sensitive business information.

John V. Schultz of Erie, PA was the Alpha Tester for STORIS BI. CEO, John Schultz comments, "John V. Schultz is excited to be using STORIS BI to develop the performance of our team and help drive strategic business decisions. The solution delivers valuable analyses tailored to home furnishings retailers through an intuitive tool, while still being flexible enough for us to customize for the KPIs that are important to our operations."

STORIS BI will be showcased at April’s High Point Market. Additionally, STORIS will be presenting on the strategic benefits of business intelligence.

Visit STORIS.com.

About STORIS: Founded in 1989, STORIS continues to be the leading provider of Retail Software Solutions and Services to the home furnishing industry. Over 420 clients utilize STORIS’ Unified Commerce Solution including point of sale, inventory management, merchandising, eCommerce, mobile POS, kiosk, business intelligence, CRM, supply chain management, accounting, and more.