You know the business is doing well when products are getting out the door to happy customers. Sales figures may look good and your sales team indicates that they are busy meeting with new prospects and satisfying existing customers. However, it’s what you don’t know that can hurt your bottom line. Are you just busy or are you profitable? Get to know what you may not know with the built-in business intelligence offered in Sage® ERP.
Cursory indicators may suggest that business operations are productive; however, what you may not see is what can hurt you. Bad news does not always travel fast and you may not learn that cash flow is being eaten up by inventory or your warehouse is filling up with slow-moving items that may soon become obsolete. There is a lot going on within your organization and it can be a challenge to keep tabs on key performance indicators, especially when data is spread across several specialty software programs. In order to get the accurate data you need to make the prudent business decisions that drive growth, you need the visibility offered within a robust, integrated business solution like Sage ERP.
You can manage all of your core business data within Sage ERP. This single, powerful enterprise resource planning (ERP) solution offers a centralized location for financial data, supply chain and inventory, manufacturing and distribution operations, and human resources and payroll activities. All of your core data can be easily entered and accessed from this one business solution. In addition, Sage ERP offers powerful business intelligence that puts key metrics at your fingertips in an easy-to-read chart and dashboard format. You can monitor sales figures, inventory levels, cash flow, and other key performance indicators in real time, which supports your ability to respond faster to changing situations. You can also identify trends in your data, such as which products are selling well and which are becoming obsolete. Then you can use that insight to optimize inventory and maintain profit goals.
Get to know what you don’t know with the insightful business intelligence offered in Sage ERP. Contact IWI Consulting Group to learn more about using Sage ERP to get the insight you need to remain profitable, not just busy.
By IWI Consulting Group, Sage Authorized Partner in Canada