Purpose of Stadium Revenue Reports Venue Owners use Stadium Revenue Reports to give managers an easy way to analyze the different revenue sources located in the venue. When used as part of good business practices by venue managers and FP&A departments, a stadium owner can improve its revenues and optimize decisions related to venue restaurants and retail locations, and it can reduce the chances that sales are sub-optimized due to lack of insight to location and vendor/outlet performance.
Example of a Stadium Revenue Report Here is an example of a Stadium Revenue Report with venue map and drill down to underlying revenue data.
Who Uses This Type of Report? The typical users of this type of report are: Venue managers, retail managers, CFOs. Other Reports Often Used in Conjunction with Stadium Revenue Reports Progressive venue managers and FP&A departments sometimes use several different Stadium Revenue Reports, along with profit & loss reports, sales dashboards, KPI reports, annual budgets and forecasts and other management and control tools.
Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.
What Tools are Typically used for Reporting, Planning and Dashboards? Examples of business software used with the data and ERPs mentioned above are:
- Native ERP report writers and query tools
- Spreadsheets (for example Microsoft Excel)
- Corporate Performance Management (CPM) tools (for example Solver)
- Dashboards (for example Microsoft Power BI and Tableau)
To learn more, visit the Resource Library.
TAGS: Reporting, Planning, Forecasting, Analysis, Budgeting, CPM, KPIs, ERP, Industry, Financial Reporting, Template Library