What is BI & Reporting?
Every organization has a wealth of data, but how do you use it efficiently? Business Intelligence tools process, interpret and present data from your business processes. They collect and analyze data from customers, competitors, suppliers and inventory. This makes your organization more competitive and smarter. We speak of Business Intelligence when raw data is processed into operationally usable data.
A good BI system brings all information from ERP and CRM software together into real-time usable data, with which you can then make analyses and adequate decisions.
What are the benefits of BI & Reporting tools?
- •All information in one place
- •Lower (inventory) costs and higher productivity
- •The quality of decisions increases
- •Proactively manage changed and changing situations
- •Permanently manage higher margins
- •Higher customer satisfaction
What should you pay attention to when selecting a BI & Reporting tool?
Ensure good interaction between the BI solution and ERP and CRM software
Make good agreements with everyone involved in your BI project and always document them.
A good business case is essential to determine the quality of your choice. Adjust this during the project. Circumstances can change during the project.
In the selection phase, a lot is sometimes promised. Ensure hard guarantees, ask good questions and consult references
Set realistic requirements for the software
Take into account the impact of a BI implementation