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Business intelligence software adds considerable value to business environments in which complex streams of data must converge in order to be analyzed and used. CRM systems, ERP systems, inventory management systems and more all provide a high volume of data. A good business intelligence system such as Sage Intelligence can take that data and make it easy for decision-makers to understand and use. Sage Intelligence offers an Excel-based method of sourcing, integrating, and manipulating data so that it can inform decisions. Sage Enterprise Intelligence is web-based. Companies using business intelligence tools are 5x more likely to make swift decisions, possibly because they have the data they need at their fingertips to empower them to make choices. The Benefits of Business Intelligence Software There are many benefits of using business intelligence software. More accurate forecasts: With better business data, you can forecast sales and manufacturing needs closer to actual. This tightens up your processes and helps to eliminate wasteful spending. Better decisions: Accurate, timely data feeding into a business intelligence system can help you make better decisions throughout your company. When you have confidence in your data, you have confidence in your decisions. Tighter alignment with the market: Confidence in sales […]

You can improve your business intelligence presentations to executives, directors, peers, and subordinates by using tips and techniques found in the world of education. Many people are unfamiliar with the term “learning styles” but understanding this core concept and applying it to your presentation techniques will help you deliver better presentations that resonate with your audience. What Are Learning Styles? Educational theorists created a system of learning styles to describe the ways in which people prefer to learn. Your learning style is innate, and you probably recognize your own style in the descriptions below. Most people have a predominant style that they naturally gravitate towards when engaged in self-directed learning. Because the Western school system is heavily auditory (lecture-based) and visual (textbooks), many people who are kinesthetic or tactile learners learned early on to compensate by relying heavily on their secondary preference. No matter what your preference, there’s no one right or wrong way to learn. The three basic learning styles are described as: Auditory: Auditory learners need to hear information to process it. They understand business intelligence most during your presentation and retain information best when it is spoken aloud. Visual: Visual learners learn best by seeing information in […]

At IWI Consulting, we want your business intelligence programs to be successful. BI is more than software; it’s a way of thinking about your business. To help you make your business intelligence projects a smashing success, we’ve put together a resource for you. Better Visibility, Extraordinary Decision Support: In this paper, you’ll gain additional insights and tips for using business intelligence to uncover data and insights to drive better decisions. Seven Tips to Make Your BI Program a Smashing Success Implementing any new business technology can be challenging. There’s a learning curve as people get used to the new technology and, no matter how simple and user-friendly the technology, people do need time to get used to it. Others may find themselves overwhelmed with the riches of information now available through good business intelligence systems. If you’re among either camp, or you’re in charge of implementing a new business intelligence solution for your company, the following seven tips will help you get your new business intelligence project off the ground and running: Leverage existing information and structures: Your new BI system should have integrated with existing structures such as your ERP system. You can leverage existing training resources, templates, reports, […]

Many business owners seek a competitive advantage through better business intelligence. Business intelligence solutions, such as Sage Enterprise Intelligence can provide you with big-picture data of your organization’s performance. Such data enhances your ability to make timely, accurate, and judicious decisions. These decisions aren’t limited to the big picture, however. Every portion of your business, from the warehouse floor to the manufacturing area, benefits. The more data your managers have, the better they can do their jobs. There are many surprising benefits to be derived from the implementation of new business intelligence solutions. Sage commissioned Forrester Research to analyze data from a representative sample of companies on their implementation of Sage ERP X3. The resulting analysis showed abundant benefits and cost-savings. Some, however, were surprising. Three Surprising Benefits from the Implementation of Sage X3 and Enterprise Intelligence There are dozens of benefits your company gains from implementing business intelligence solutions. But three surprising areas include: Automating compliance Improving processes Enhancing availability of data. Automating compliance: Many companies have stringent approval processes over items such as discounts, price breaks, returns, and other areas that directly impact the bottom line. Workers, however, find themselves chasing down managers for approvals, sending myriad reminder […]

The right business intelligence software can unlock opportunities for manufacturers. Sage X3 with Sage Enterprise Intelligence can help you collect and share business insights that drive decision-making. Opportunities Are All Around We often feel locked into our typical methods of conducting business simply because we’re focused on the daily needs of our companies. Manufacturers are especially keyed into daily sales quotas, supply chain demands, shipment needs, and so forth. It’s hard to take a step back and look at the big picture. Business intelligence software like Sage Enterprise Intelligence can change that paradigm. Using the data generated by different points within your company, Sage Enterprise Intelligence can share the data and help you make predictions about where to expand your company, how to grow it beyond current capacities, how to leverage customer relationships, and more. Sage Enterprise Intelligence can’t, by itself, make your business more responsive and profitable, but the right business intelligence software puts the right tools into the hands of your key team players. They can then use those tools to grow your company bigger and faster. Real-time data, provided to people with the experience, insight, and ability to use it to make decisions, can change how your […]

You’ve heard the old saying, “Knowledge is power.” But did you know that better business intelligence can actually improve your company’s ROI? Knowledge is indeed power, and greater intelligence from your business systems can lead to increased profits over time. These three examples of how better information derived from your business systems can lead to increased ROI may intrigue you. At the end of this information, we present to you a free white paper from Sage Solutions called Conducting a Cost-Benefit Analysis for ERP. Download the paper to learn more about how enterprise software can improve your company’s ROI. Better Business Intelligence, Greater Profits: Three Examples Good business systems provide data that can be used to create new business models, understand current problems, and set new objectives. The following three examples of how better business systems and greater intelligence improve ROI may spark your thought processes on how you can use your ERP tools to greater advantage. #1: Develop new business models. When you look at the same data week in and week out, your mind becomes habituated to the picture it paints, and it’s hard to look beyond it to find something new. Often companies become entrenched in existing […]

Are you getting the most out of your business intelligence software? Are you able to pull the data and information you need to make better business decisions? There’s nothing more frustrating than investing in a business solution only to have it not produce the results you expected. Using a tool like Sage Enterprise Intelligence integrated with your enterprise software can transform your business when it is used correctly. Companies can use business intelligence to strategically influence every part of the organization and transform key data and information into actionable insights to help businesses grow and respond to change. Both small and large companies can use business intelligence to gain a thorough understanding of their operations and form strategies to improve their future performance. While many companies view business intelligence as simply a data analytics tool, it is so much more than that. Business intelligence is a business solution capable of providing you with the answers you need to form strategic processes to support your plans for growth. While it can definitely help you analyze your data and understand patterns, it can also help you assess your current performance, forecast the future, and spur business action. Business intelligence tools can help your […]