In the 1980s, business intelligence (BI) applications were first introduced to address employees’ problem with the mountain of data. BI is increasingly effective in helping these workers transform large amounts of data into helpful and insightful information. Check out these 10 questions before deciding whether to implement an Agile BI system into your business:
As discussed in the last post, the prerequisite for an ERP implementation is planning, which includes three main parts: getting the whole organization involved in the project, removing all potential barriers and looking over the company’s history.
In the last post, we discussed the first four out of eight ways to improve a company’s business intelligence (BI): develop an insightful workforce, be able to deliver critical information, make unstructured data more useful and focus on the future. Now let’s uncover the last four approaches to increasing the efficiency of BI in your organisation.
Business intelligence (BI) offers very helpful tools designed to enable companies to collect useful information; however, as with any intelligence tool, these should be used wisely in order to achieve optimal performance. Unfortunately, many organisations don’t consider BI an essential part of their operation, but rather see it as a supporting tool, which may influence the way they approach it and, hence, negatively affects business performance.
How about you? Have you been using it intelligently? Check out the tips in our series “8 ways to improve your BI” below.
Out-of-date and inflexible financial accounting systems may cost you more than you can imagine. It can bog you down with complex and slow information analysical capabilities. It also provides limited options so that you cannot get exactly what you want out of it. In this new age of technology, modern CFOs need a financial accounting system that empowers them to take control and be able to solve current problems and future challenging changes. Before deciding which software suits your business most, it is essential to consider 5 key criteria as follows:
Financial management software is becoming an increasingly important part of every organisation. It helps companies to manage and understand their business deeper from accounting to project management and strategic planning. When the financial management system malfunctions, the consequences will negatively affect the profitability and the success of the organisation.
Point of Sale (POS) is going through rapid change driven by emerging technology trends and innovations. In the last post, we discussed the explosion of hardware and software innovation and its impacts on this evolution. In this post, we will introduce one more critical part and its impact in POS innovation.
Executing an ERP implementation project is among the most expensive, time-consuming and complicated tasks an organization can take on. Delays or unexpected expenses are a risk at all times. To avoid these costly mistakes, having a good plan right from the start is necessary. This series will provide you with step-by-step guidelines for preparing an ERP implementation.
In our latest blogs, we have discussed the essential role and financial benefits of accounts payable management to the retailing industry. Accounts payable automation, workflow, and e-invoicing have for long been a solution for common AP problems due to human errors. Despite the fact that AP automation can improve accounts payable and financial management significantly, many companies are still applying manual entry.
In the last post, we have discussed 2 keypoints that you must do before choosing a proper ERP system for your business. Today, we will have a look over the last 3 things should be in your check lists.