Why Small Businesses should invest in an integrated Excel-based Business Intelligence solution: Reason No. 2

Small businesses, in most cases, need to be agile and responsive in order to gain and maintain a competitive edge. An integrated Business Intelligence (BI) solution successfully addresses the number one pain point of many business software end users – reporting that is inadequate and inflexible – making it a necessity in today’s aggressive market place. Run-of-the-mill financial reports that are delivered weeks overdue in a format that is rigid, impractical and disjointed cannot provide the intelligence necessary for insightful decision-making. And while the volume of information that needs to be processed continues to grow, time and resources are limited. The focus needs to shift from capturing lots of data, to providing accessible information that gives you a clear understanding of the transactional history in your database, so you can forecast and plan for the coming years based on a clear picture of the financial footprint of your past. The data has always been there, but BI puts it into an easily digestible format and gets the right information to the right people, when they need it. Small businesses can now easily customize, manipulate and distribute meaningful information in the familiar face of Excel, while maintaining its accuracy, obtaining insight into trends, year-on-year analyses and drill-down transactional details, all on demand and in a meaningful format.