Getting an accurate view of your company’s operations is often a challenge. Businesses that have grown slowly over time may have developed their systems organically, adding additional applications when required. This means data is frequently fragmented and scattered across several systems.
Spreadsheets are often used to bring data from different silos together. However these can be time consuming to put together. Without real-time links to all the source information systems that enable a global refresh of the data, such spreadsheets are out of date as soon as you have created them.
Add-on analytics tools are also an option. However, they tend to be expensive to implement, and may lack key Business Intelligence components and ease of access to make them practical.
So what are the key Business Intelligence components that finance teams need for both a holistic and detailed view of business operations?
To find out more, simply download our free guide. And that’s not all – Business Intelligence is just one of the benefits explored in greater detail in ‘10 Ways an Effective Financial Management Solution Facilitates Growth’.
For more on Business Intelligence and to see the other nine, click here to download your free guide.