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If you’ve shied away from ERP systems because of rumors that their business intelligence solutions were too complex, it’s time to re-evaluate that concept. Today’s business intelligence solutions easily transform multiple data sources from throughout your company into meaningful information. A new white paper from IWI Consulting offers additional insights into the application and use of ERP systems for business intelligence. Embedded Business Intelligence Solutions Newer systems embed business intelligence solutions within the framework of the system. This makes it much easier to aggregate multiple data sources and run reports specific to your needs. Such reports can take a “big picture” view and report on factors from different areas within the company. According to the new white paper offered by IWI Consulting, the top applications embedded in business intelligence solutions include: Enterprise resource planning (ERP) Customer relationship management (CRM) Financial and accounting systems Supply chain management Marketing automation Among these types of software, BI is most frequently paired with ERP solutions. Studies indicate that businesses who use a combined, integrated ERP and business intelligence solution are on average twice as likely to gain real-time insights into the status of all business processes. This is a boon for business efficiency, productivity, […]

How Sage Enterprise Intelligence Simplifies Data Part of ERP consulting is ensuring that companies have access both to accurate and timely data through their ERP systems. A new report demonstrates that the need continues for data improvements. Such improvements can be made through Sage Enterprise Intelligence, which integrates ERP systems, including Sage 300cloud (formerly known as Sage 300) and Sage EM (formerly known as Sage X3). You can download the white paper here. Many companies find they are drowning in data yet thirsting for information. The Aberdeen Group, quoted in a new white paper available from IWI, reports that 47% of mid-sized companies agree that their employees are making decisions based on poor quality or incomplete data. The same report indicates that 90% of business leaders feel they lack adequate information to make decisions when they need data. Approximately 27% of the respondents feel that data is too fragmented and distributed to facilitate the development of business plans. Data, Data Everywhere “Water, water, everywhere/and not a drop to drink” the poet Samuel Taylor Coleridge wrote in the Rhyme of the Ancient Mariner. Business can sympathize. Change the words to “data, data everywhere/and not a decision to make” and you understand the […]

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 EM (formerly known as Sage X3). The resulting analysis showed abundant benefits and cost-savings. Some, however, were surprising. Three Surprising Benefits from the Implementation of Sage EM (formerly known as 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 […]

ERP for manufacturing, such as Sage EM (formerly known as Sage X3), yields many benefits for the manufacturing industry. Some of these benefits are obvious, such as the availability of data, the ease with which you can run reports, and other time-saving benefits. What might not be as readily apparent is the cost-savings that manufacturers can achieve with ERP for manufacturing and distribution. Sage contracted with the esteemed Forrester Research Group to analyze such savings. Although Forrester did not focus entirely on the manufacturing sector, they did discover among their many interviews with companies using Sage EM (formerly known as Sage X3) that manufacturers derived significant benefits. Here are just a few. ERP for Manufacturing Provides Cost-Savings ERP for manufacturing enables you to add many modules specifically tailored to your industry. One such module from Sage EM (formerly known as Sage X3) helps you standardize purchasing protocols and processes to achieve the best discounts on goods and supplies. The entire purchasing process saw a reduction in the cost of labor, according to the Forrester research. Because Sage EM (formerly known as Sage X3) saved considerable time and effort, it reduced the cost of labor by approximately 4% annually. Less time was spent on tasks […]