Today’s businesses run on data. Business intelligence, or BI, is an essential tool for collecting, analyzing, and visualizing all that data so that it can be used to make smart decisions that drive growth and competitive differentiation.
Let’s look a little more closely at what BI is, its benefits to businesses, and how to choose the right BI tools to meet your needs
What Is Business Intelligence?
When we talk about BI, we’re really talking about software that ingests your business data, analyzes it, and presents it in a user-friendly way.
ERP solutions typically offer basic BI capabilities, like reports and dashboards. However, a true BI solution goes much further. For example, BI solutions can automatically collect and analyze data from your ERP, CRM, and financial systems. Advanced BI solutions also offer customized reporting, real-time alerts, trend analyses, and drill-down capabilities.
Benefits of Business Intelligence
BI is a smart investment for most businesses because it drives real-world results, including these benefits:
- Faster, more accurate reporting and analysis
- Reduced costs through data-driven optimizations
- Better and faster decision-making
- Increased competitive advantage
Which BI Solution Do You Need?
At ACI Consulting, we help businesses choose quality BI solutions available with Sage Intacct. Our clients appreciate that Sage Intacct provides flexibility to connect with custom systems and databases or widely used commercial applications—whatever works best for their business. There are pre-built connections in Sage Intacct, or you can select the BI software you need from the Sage Intacct Marketplace.
Professional Support to Choose the Right BI Tools
The experienced professionals at ACI Consulting can help you select the best BI tools for your business and also customize them to meet your needs. Contact us today to start the conversation.