Improve Private Equity Portfolio Management With Tableau
4 Ways Private Equity Firms Can Improve Their Portfolio Management With Tableau
Private equity runs on data, but to leverage that data, it may be time for your firm to invest in an upgrade to improve the management of your portfolio.
Analysts, asset managers, and associates use data to inform investment decisions and track portfolio performance. They spend hours collecting data, creating spreadsheets, and generating reports that are rarely read by private equity firm leaders.
It’s a laborious, and inefficient process that makes analyzing your portfolio time-consuming, opaque and outdated.
There is a better way
1. Eliminate manual, labor intensive processes; getting to insights faster
2. Easily bring in relevant, alternative data to improve analysis
3. Increase portfolio transparency and provide more comprehensive insights
4. Improved storytelling through visually engaging, interactive dashboards, inviting consumption and engagement by PE leadership
Here’s How With Tableau
Tableau, a data analytics platform that helps organizations see and understand their data, when used in conjunction with good data management practices can help private equity firms significantly improve how they find, track and report on their portfolio of investments. Tableau helps analysts, asset managers, and associates automate and streamline data transformation, enable the use of alternative data, and engage and interact with the data to derive deeper insights and provide greater portfolio transparency.
1. Get To Insights Faster By Eliminating Labor Intensive Processes
Tableau, in conjunction with good data management practices, streamlines time consuming manual processes used to bring in disparate data sources and formats. Streamlining this process enables you to spend less time wrangling your data and more time analyzing it, allowing you to get insights about your portfolio faster.
Private equity firms collect data from many sources, including Crunchbase, Pitchbook, and ZoomInfo. And, more importantly, firms receive various data feeds from their portfolio companies. With Tableau, it is easy to access and overlay alternative data sources, enriching your analysis and providing normalized views of your portfolio.
2. Improve Portfolio Analysis With 3rd Party Alternative Data
Private equity firms collect data from many sources, including Crunchbase, Pitchbook, and ZoomInfo and more importantly, various data feeds from their portfolio companies. With Tableau, it is easy to access and overlay alternative data sources, enriching your analysis and providing normalized views of your portfolio.
3. Increase Portfolio Transparency
Private equity firms often have reporting teams relying on one set of data while their analysts use another. By combining data sources into one platform, Tableau gives firms a single source of truth regarding analyzing and reporting on its data. Everyone in the firm, including reporting and analysts, are on the same page, working from the same data.
4. Improve Your Storytelling With Visually Engaging, Interactive Dashboards
Tableau amps up the engagement and the utilization of your reporting by bringing your data and insights to life through visually engaging dashboards. Additionally, Tableau makes it possible to invite leaders to interact with the data by asking questions and playing what-if scenarios.
Sample Private Equity Dashboards
Lovelytics’ Expertise Improves Time To Value
Lovelytics is a certified Tableau partner. Our Tableau experts can assist your team with implementing Tableau, unifying data sources and building out initial dashboard templates to get you up and running faster and improving your time to value significantly.
Other Private Equity firms have leveraged Tableau and Lovelytics to improve their portfolio management. We can help you too!