Within Arene, you have the ability to generate visual comparisons of a variety of analytic topics between different Companies in specified time periods. This type of Comparison is really good for comparing performance between e.g., liquidity of franchises within the same organisation or year on year performance over a specified time period.
The following tutorial assumes that your Company has already been created and linked to an updated Data Source using either QuickBooks Online or Microsoft Excel.
- From the Arene "Home" screen, navigate to the "Composite" tag located under the heading "Analytics" in the grey panel to the left of the homepage.
- You will need to select two periods to in order to make a Comparison of results. Complete the prompts in the "Comparison" screen. "Selection 1" would refer to "Period 1" and "Selection 2" would refer to "Period 2" for Comparison purposes. Select the permitted Company as well as the Topic from the drop-down lists You are required to insert a "Start Date" and "End Date" of the data you wish to analyze within each selection. NOTE: For Comparison purposes, the period selection needs to be the same length of time. After completion click on the blue "Get Data" button.
- The Comparison Analytics for periods selected for the Company will be displayed for review.