What are Standard Reports?

See the answer below.

Out of the box reports from SF.

Standard reports are pre-built reports that come with Salesforce and are designed to provide commonly requested information. They are available in the Reports tab in Lightning Experience and can be used to quickly gain insights into various aspects of your business. Standard reports are created by Salesforce and are based on standard Salesforce objects such as leads, accounts, and opportunities.

Standard reports are useful because they provide a starting point for reporting, allowing you to quickly access common reports without having to create them from scratch. They also provide a way to standardize reporting across your organization, ensuring that everyone is using the same reports and accessing the same data.

Some examples of standard reports include:

• Accounts with Opportunities: This report shows all accounts with open opportunities, along with the total value of those opportunities.
• Lead Conversion: This report shows the number of leads that have been converted into accounts, contacts, and opportunities over a specific period of time.
• Closed Opportunities: This report shows all opportunities that have been closed, along with the total amount of revenue generated by those opportunities.

Overall, standard reports are a valuable tool for administrators, allowing them to quickly gain insights into their organization's performance and make data-driven decisions.