Has your company jumped onto the business intelligence (BI) bandwagon yet? You probably hear it being talked about a lot. But is it just another buzzword and trend, or is it something your business really needs?
In fact, business intelligence is all about using the data within your company to its best advantage. It’s a tool that every company can use no matter your size.
Business intelligence refers to best practices related to software and suites of software used to gather, synthesize, organize, and visualize data. It can be one tool that provides all of these services or multiple software packages linked together. The goal of business intelligence is to provide business managers with plenty of useful, actionable data so that they can make better decisions regarding their business.
Good BI Turns Data into Useful Insights
Business intelligence can be used in many ways. A CEO might use business intelligence data to gain insights about different parts of the company and how changes in one area may affect other parts. Sales managers may look to BI for information on how well the team is achieving its goals. Finance, accounting, human resources, operations, and manufacturing are all integral to BI data, and all may find it useful.
The key with good BI systems is that they are useful. It’s not just about collecting data in one place, although that may be initially helpful. Instead, it’s also about using the data to gain insights leading to better business decisions.
Data by itself can be difficult for most people to use and understand. Long strings of sales figures, volumes of shipments, and other pieces of data may be hard to interpret alone. When examined together by a BI system and transformed into pictures such as graphs or charts, the data becomes much more useful.
BizNet and Business Intelligence
Many business intelligence systems offer data manipulation and visualization tools. BizNet transforms your BI solution into an Excel-friendly way of using data that will appeal to your employees. Employees already used to Excel’s functions will find it easy to start using BizNet to gain insights into the BI information shared among the systems.
Companies using business intelligence systems without a data visualization output may struggle to manually important data into Excel. With BizNet, data is automatically moved into Excel, reducing or even eliminating manual input errors.
Good BI Starts with Enterprise Resource Planning Data
BizNet can work with either Acumatica, Sage 100 or Sage 500 to provide useful insight into your data. Starting with the centralized data of the enterprise resource planning systems makes your information much more powerful. It gives you the business intelligence you need in a format that’s familiar. The preset functions and formulas inside the software make it easy to use.
What could your company do with better business intelligence? BI isn’t limited to large companies. With tools such as BizNet, small to mid sized companies can also harness the power of better insights from their data.
Transform Your Enterprise Resource Planning Data
At Emerald TC, we recognize the importance of business intelligence for all size companies. When you know what is happening in all areas of your company, you can make better decisions and improve your business. By using our enterprise resource planning systems with BizNet, you can eliminate guesswork and manual data entry into Excel. All of the data you need is available in one solution.
We can help you choose and implement the best solution for your business. Our consultants are highly knowledgeable and certified and work tirelessly to help our customers get the most out of their software investments whether that is BizNet, with Acumatica, Sage 100 or Sage 500. Contact us today to learn how you can glean the most from your enterprise resource planning data.