Do you optimally use the invaluable business information your company collects on a daily basis? If you answer YES to one or more of the following questions, it may be about time you discover how business intelligence helps get rid of the daily grind.
1. Do you spend hours pulling together management and financial reports by manually exporting your data from your accounting or business management solution into Microsoft® Excel® to make sense of it?
2. Do you print out static reports and have to get a consultant to customize them, costing you a fortune?
3. When numbers or accounts change, or when a manager wants the answer to a specific question, do you have to adjust entries, generate the reports again, and re-distribute them?
4. And finally, should there be a need for further information—do you have to start the whole process all over again?
The truth is, many business owners neglect to take full advantage of the data their businesses collect every day. With business intelligence (BI), this doesn’t need to be the case. BI transforms your raw data into powerful information that can have a tremendous impact on your business. You can run your reports at the click of a button, and spend more time analyzing the information to make more informed business decisions, giving your business a competitive edge.
By replacing the daily grind of manual reporting with a worthwhile BI solution, you can look forward to the following:
- Financial control – No longer concern yourself with whether your financials balance in your report or not. A BI solution will pull the information at real-time from your accounting or business management solution, giving you a single version of the truth. You can track your financials vs budget or prior year/s, compare different branches/regions and much more.
- The ability to drill down into further detail in your report/s, without having to go back to the accounting/business management solution.
- Report beyond financials – In the early days, a lot of BI solutions would only report from the General Ledger, or be limited to financial reports. However, you now have the flexibility to report on the financial and operational data in your business—adding value to all areas of the business.
- An overview of your business – You can connect to and report from other data sources in your business—giving you the bigger picture of what’s going on. For example, you can connect to your business management solution and CRM systems to give your sales team a powerful report to track their leads. They can also monitor their sales vs budget, and analyze their sales by product, region, etc.
- Remove bottlenecks – Often, colleagues rely on the finance team for the information they require. With a BI solution, each department can run the reports they require when they need them—giving them the confidence to make more informed decisions on the go.
- Readily available Reports – With a BI solution, you can schedule reports to run at a suitable time, and distribute them to the relevant person or team—ensuring everyone has the relevant information to do their job efficiently.
So, if you, like many others, spend hours upon hours manually creating reports or printing out reams of static reports to try and make sense of your information, now’s the time to look into a worthwhile BI solution suitable for your business.
Sage Intelligence Reporting – a simple business intelligence tool built for small and midsized companies, and integrated with almost all of our Sage accounting and business management solutions – may be just what you need.
Intelligence Reporting pulls real-time information from your Sage accounting and business management solution, and delivers it in pre-formatted financial or operational Excel report templates. This empowers you to create reports at the click of a button—saving you plenty of painstaking report preparation time.
Over 45,000 successful businesses worldwide have chosen Sage Intelligence as their BI solution of choice and rely on it every day. Join them and take your business further with key insights into the latest information your company collects.
