A Business Intelligence solution solves the problems associated with transforming your corporate data into business information. Information that can be used to improve performance, enable better, faster decisions and unlock previously unrealised potential. Business Intelligence can uncover problems in your supply chain before they become a problem, change the way you look at customers, the way you work with suppliers and partners, and the way your entire enterprise competes.
Enterprise planning is a multi-phased discipline that combines people, process, and technology in a rich, continuous, broadly collaborative cycle. It provides useful insight into past, current, and future operating performance in time to identify opportunities and affect outcomes.
Predictive analytics enables organisations to draw hidden insights from structured and unstructured data to predict the outcomes of future events or interactions. Applying predictive analytics, organisations can discover patterns and trends in data that identify competitive opportunities, highlight inefficiencies or to avoid issues before they occur. These insights can be used to assess the attractiveness of various courses of action, optimise processes or to transform entire business models.
The office of finance is no longer relegated to running reports and performing core accounting functions. Today’s CFO plays a leading role in strategically funding the strategies and operations of the business, and in selecting the KPIs that help organisations focus and drive to success. Nothing stands in the way of this more than inefficient, labour-intensive and often error prone spreadsheets and legacy planning, consolidation and reporting processes.
Organisations today have a growing number of systems to collect data. These include legacy systems, ERP and non-ERP transactional systems, e-commerce applications, as well as external systems from suppliers, customers, and partners. The data in these systems keeps growing. For companies to reap a return on their information assets, they must compare information from one system to another. The ability to bring together a company’s data assets provides the necessary integration for effective business intelligence.
Our ability to exploit the massive amounts of complex, disparate data will never be resolved by the traditional technology we introduce or the common techniques we attempt to implement. Pie charts and other typical graphics, for example, fall short of supporting better decision making. A pie chart is simply not sufficient to interrogate a large OLAP cube or provide the necessary insight from the data pushed into our dashboards.