If you are not yet familiar with this state-owned company and its role in the real estate market, start reading now to find out what the company does and how it uses Qlik to accelerate the organization's activities. Check out this success story!
Get to know Terracap better
Terracap is one of the oldest state-owned companies in Brazil. Founded in 1973, the Brasília Real Estate Company had already been operating under the auspices of Novacap for many years before that. Its specialty is offering unregularized properties, such as lots and land, through bidding and auction. The process, which used to be done offline, is now completely digitalized and it is possible to participate in auctions both online and in person.
Terracap is also responsible for helping citizens australia whatsapp users their land and properties, and carries out joint efforts to do this periodically throughout the Federal District.
Understand the challenges the company faced
When Terracap approached Toccato's team, it had a problem: it operated in an extremely competitive market, but with state-owned technology. The company's digital transformation was slow, which meant it could not manage the real estate assets of the Federal District as efficiently as possible.
According to João Veloso, economist and manager at Terracap, roles such as carrying out service and road infrastructure works in the country's capital were also challenges for the company with the technology at its disposal.
Look to Toccato to help with the implementation ofBusiness IntelligenceIt was an idea that brought excellent results for Terracap. Greater agility and security in sales, transparency in data collection and efficiency in operations are just some of the benefits of implementing Qlik.
See how Qlik changed business routines
When we approached Toccato with these problems, we knew exactly what to do to change the way Terracap used its data to gain a competitive advantage in the real estate market. One of the project’s priorities was to allow Terracap employees to cross-reference data and discover ways to manage their business more efficiently every day, without any major challenges. The set of tools chosen to make this happen was Qlik.
Today, the company uses Qlik mainly in the commercial, financial and new business generation areas, and the results could not be better. After all, the state-owned company has one of the mostbulkyof the country and all the information contained therein can and should be used to improve how the businessprovides serviceand serves the interests of the public.
Check out some of the benefits of BI at Terracap
Want to understand, in practice, how Qlik helped to change the routine within Terracap? Check out some uses of the software in the organization and see how it contributes to improving the company's results year after year.
Active debt
One of Terracap's main challenges wasfinancial organization. After all, with so many properties on offer, locating outstanding debts and monitoring them was an almost impossible task. But with the highlighted Qlik dashboards, the company was able to get around this problem and gain greater control over outstanding debt.
Locating and identifying properties that, due to default, return to Terracap's inventory is just a few clicks away, and thanks to this, the state-owned company can act to recover these amounts as quickly as possible for the public coffers of the Federal District.
From the point of viewfinancial, there are still many other Qlik features that are applied by Terracap on a daily basis to improve business management. One of the most prominent is the one that allows you to identify the impact of the works carried out by the company on the properties in the region.
Speed of information
Among the benefits of using Qlik listed by João Veloso when talking about this success story, we have the speed in generating information. Among all BI software, Qlik is a champion in usability and efficiency, and so this information is not surprising for those who know the platform well. However, until recently, Terracap had to wait for the IT department to verify information before being able to access it, which made processes more difficult, making them less efficient and dynamic.
Today, all 60 of the company's employees haveaccess to informationupdated in real time from your personal computers. Fundamental data, which impacts the profitability and efficiency of the organization, is always available, without delay.
Transparency
Another important aspect of this Toccato success story is transparency. Terracap is a state-owned company and therefore has to answer to all citizens of the Federal District. By using Qlik, Terracap has found that it is much easier to comply with this demand when business information is well distributed and integrated.
The system not only allowed Terracap to do better business, but also to make detailed information about its expenses available to the public in Brasília.company website, it is possible to view contracts, agreements, budget execution, daily allowances and travel expenses paid for the team, as well as other important details about public spending.
With Qlik, Terracap was able to begin to see the advances in digital transformation bring practical results to the company, every day. The use of Business Intelligence not only led to better results, but also changed how business processes are carried out internally and the organization's culture regarding the use of data in decision-making.
All of this is proof that, when used well, Business Intelligence can lead a business to incredible changes, regardless of the area in which a company operates or who its customers are. Isn’t that cool?
Did you enjoy watching this Toccato success story and understanding how Qlik can help companies become more efficient? Do you want to see your business take a turnaround like this? Talk to one of our consultants right now and find out how we can help you!