Business Intelligence advantages
Can Business Intelligence platform help with the consolidation of companies?
Due to the data dispersion derived from non-integrated systems, the consolidation of companies with the use of a spreadsheet is very difficoult. Business Intelligence system can significantly help by reporting automation and reducing the risk of error. BI system, collecting data from the whole capital group, ensures coherent, correct and reliable reports. The implemented solutions can be developed by adding additional modules supporting the most advanced consolidation processes.
How can Business Intelligence tool help?
BI systems are composed of different tools providing effective data processing and sharing results for users on different levels of organization. BI tools allow for:
- easy acces to data from dufferent sources
- trends analysis and divergent values monitoring
- making key decisions in a real time
- analysis the effectiveness of the employces work
- improvement of managers and decision-makers work
- data analysis at different levels of detail at different time
- improvement of information reciving methods by fast and easy reports delivering to decision-makers
- reliable data collection at one place
What benefits does the implementation of Business Intelligence give?Business Intelligence system implementation gives benefits for whole organization. The most important are:
- data consolidation and analysis at different levels of detail
- efficient sales and financial analysis
- improving analytical processes
- increasing management efficiency
- supporting of achieving the business goals
- data presentation using diagrams
time reduction of analysis and making important decisions