Business Intelligence systems have improved in performance dramatically over the years, becoming a technology-driven process for analyzing data and presenting information in a way that improves the decision making process at all levels of management. Many organizations, whether they are small or large, are using old, outdated, manual business Intelligence tools and are in need of a replacement. So how do you know if you’re using an old, outdated process? We’re going to highlight three of the signs you’re ready for a business intelligence upgrade below.
Business Intelligence software is becoming ever popular among business owners. Between powerful data warehousing and financial and budgeting features, it can give rich insight that wasn’t previously so attainable. However, a lot of manufacturers haven’t caught on yet to the new found love for business intelligence. Majority of this issue stems around a lack of information surrounding what business intelligence can do and how it will help manufacturers, specifically. We’re going to dive into manufacturing business intelligence and cover the must-have knowledge to decide if it’s right for your business.
Spreadsheets and PDFs are becoming a reporting mode of the past. Advances in technology have truly made reporting easy, more versatile and more relevant to your business. If you’re still using spreadsheets to report data on your business, you’re likely missing out on key data that could change the way you run your business, from inventory to sales. A lot of this data can be created by ERP reporting.
As a Sage Intelligence user or as someone considering Sage Intelligence for your organization, you know the value of fast and accurate data. For example, business who have advanced accessibility and usability of company data can increase user productivity by 73%, customer response by 75%, and process cycle times by 75% according to research by Aberdeen. Sage Intelligence offers you the tools you need for advanced business intelligence, but just having the tools does not automatically mean you’ll reap the benefits. Here are 6 resources where you can learn Sage Intelligence best practices to get the most out of the system.
Business intelligence is critical to the success of a modern business according to Forrester Research analyst Boris Evelson who said, “Businesses have no choice but to act and react quickly in the face of financial volatility and rapidly changing business and regulatory conditions.” The problem is that companies have a hard time gathering and analyzing data quickly enough to take advantage of their best opportunities before they pass by. Sage ERP Intelligence Reporting is a powerful tool for Sage ERP that solves this problem; giving users the ability to quickly and easily gather and analyze the information they need for fast and strategic action and strategic advantage. See it in action below in this Sage ERP Intelligence Reporting demo.
Put most simply, business intelligence is the ability to compile, organize, and analyze data from across your organization and use it to make better, faster decisions. To make that possible, you must be able to pull all of your information into an easy to understand, actionable format and from there employees must be able to quickly and correctly analyze it to make strategic decisions. if you’re like most companies though, that is much easier said than done. A majority of organizations rely on excel, manual data entry to and from their ERP systems, and other slow, repetitive, error prone processes. The result of such methods is slow decision making often times based on old and incorrect data. Sage 100 ERP Intelligence Reporting helps companies increase reporting productivity, giving them confidence in their decisions and making them more agile, more profitable, and more competitive than their competitors. Continue reading