Tools to perform business analysis

Answered by Anurag Singhal

It is essential for a business analyst to have hands-on knowledge of basic tools to perform his/her analysis effectively. Here is a list of some popular tools:

  1. Office Suite - MS Office (word, excel, powerpoint), Open Office, Google Sheets
  2. Requirement Tracking & Management – JIRA (Atlassian Suite), Rally, Mingle, Assembla, Rational Suite, TFS (Team foundation server), IRIS, iPlan
  3. Wireframing/Mockup – Axure, HotGloo, Balsamiq, Adobe XD, Proto, Sketch
  4. UML Diagrams – MS Visio, Smartdraw, Lucid Chart
  5. Databases – MySQL, MS SQL, Oracle, Postgre
  6. BPMS - Bizagi Modeler, BPMN.io, PEGA, Oracle BPM, Zoho, TIBCO
  7. Data Analysis – Excel, R, Python, SAS, Splunk
  8. Data Visualization - Tableau, Qlikview, FusionCharts, PowerBI

Knowledge of at least one tool from each category can give you an edge over other analysts in the industry.



Your Answer

Answer (1)

Of course, analytics plays a very important role in business. After analyzing all of my company's procurement processes, I realized I needed optimization and decided to try precoro software for processing purchase orders. As you know, it's been very successful. Furthermore, implementing precoro software was very simple, and now my team easily processes purchase orders from the moment they're submitted to the final order fulfillment. You might also consider this effective business tool.

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