You hear it all the time with us, too: Data and its analysis are the be-all and end-all for every important decision in the company. This in turn requires good software. That we are not alone in this opinion is shown by the great success of systems that enable data management and simple evaluations. Business Intelligence, or ?BI? for short, is the name of this trend and we show you how you can join in.
Why should you believe the analysis of business intelligence systems?
People usually think linearly when making forecasts. BI software includes a wide variety of factors in its analyses. Not just two or three parameters then have an influence, but a combination of many different ones. These results create the basis for sound decisions that can not only represent the current state of your company, but also work towards the future.
Become transparent through Business Intelligence:
It is easy to lose sight of the big picture when it comes to data management. In companies, too, everyday life has tended to look like a few employees having access to small amounts of data. However, this cannot result in a unified corporate strategy. In order to benefit from data analysis, it must already be accessible. Transparency is therefore the keyword. BI systems make it possible.
Experts forget:
Business data, evaluation? everything too complicated for you? That used to be. Database management expertise is no longer required. BI software creates the conditions for every employee to be able to easily create individual analyses. ERP systems are similarly well constructed here.
Submit analyses:
An important consequence of the new accessibility of data and the possibilities for evaluation at all levels is the shift to them. Instead of just being at the top, analyzes can now be made where they are needed and correctly understood.
Plan democratically:
The analyses in various places is of course not an easy task for corporate policy. But with a little foresight, the company can benefit from it. Of course, the evaluations will bring different results to light. But if these are confronted, a middle course can emerge that will be good for corporate planning.
Integrate all:
However, one thing is required for this to be possible: a uniform database. The systems they use for administration and analysis should therefore access a database. Definitely should be connected ERP, CRM, the accounting and the PPS- be system.
And outsource everything:
integrations of this size require a different volume of computing power. In addition, there is the amount of data that is processed and then stored again. In addition to sufficient storage capacity, you need a network that can play along. In this case, secure(er) is almost always: outsourcing. A cloud solution should also be considered here.
Have access:
The logical conclusion from outsourcing is access from anywhere. Modern ERP systems are on the way to designing tools in such a way that the software can be easily operated from any end device.
Making data usable with Business Intelligence:
To the topic usability to stay. The applications can only be used by their users if the data is processed in such a way that everyone can understand it. The good BI application of today and also one or the other ERP system recognize data series by themselves and make the preconfigured graphical representation as the user needs it.
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More key figures transparency in the ERP system
Data warehouse or data lake
