The phenomenon of Business Intelligence

Someone has to do it - the head of a company that is responsible for ensuring that everything works and that nothing gets out of hand. He has to create workflows and coordinate projects at the same time, while optimally allocating resources and also generating financial reports from a lot of data. Sounds inhuman. It is. That's why there are software or systems that simplify and organize business processes.

Business Intelligence - the intelligence within these softwares - combines methods for the collection, storage and systematic analysis and evaluation of various data. In combination with a corresponding Enterprise Resource Planning (ERP) software, Business Intelligence is a solution for the above mentioned problem. Whoever manages a company will quickly notice that many tasks are added to his actual work. To do all this conscientiously and error-free is almost impossible. A possible solution would be to distribute the tasks among many employees - but this does not make it any clearer!

The much better solution is to buy a single software that bundles all tasks, makes them clearer and thus simplifies work.

Within this software, Business Intelligence offers the possibility of smart analysis and visualization of data, which offers even deeper, analyzing insights into the various areas and contribute to the long-term optimization of the workflow and much more.

ERP software and business intelligence work together like an omnipresent new employee who can do everything and whom everyone loves - the intelligent solution to all problems. Or?

What should ERP software be able to do with Business Intelligence?

Well, almost - the dream team probably solves only a few of the problems on its own. But it recognizes problems and points them out so that something can be changed.

What a human eye easily overlooks does not escape it. But what should an ERP software with integrated Business Intelligence be able to do?

In the best case scenario, all-in-one software should cover the organization of all areas. It won't do your work, but it will break it down into small parts, plan them and spit them out again in an optimized way, so that you can fully concentrate on the good implementation of the work. For this reason it should not only superficially scratch the areas, but also provide more in-depth information - this is where Business Intelligence comes into play. Such an application is particularly worthwhile for companies in the communications and creative industries. Many of the software's tools are specially designed for this purpose, e.g. for project management support.

In project management, there are often countless Excel spreadsheets circulating in which customer contacts, deadlines, to-do's and many other data are listed separately. The software puts an end to this shudder. Everything at a glance and summarized in only one application, it facilitates the life of all participants in the business.

For freelancers and employees in the home office, a time recording function is a useful tool. This allows them to freely divide their working hours and still document the information in a way that is comprehensible for the company's managing director. You are more likely to meet deadlines and also know how long it took to complete the various tasks.

In addition to coordinating one's own employees, it is of course also important to know all customers and to be able to quickly access their contact data in order to always reach them in case of important inquiries. Many such software have a CRM integrated that sorts this data. And since even the most creative company cannot function without optimized budget management and detailed financial reporting, this should also be included in this software. Especially if the company prefers to concentrate on other focal points, it is advisable to be able to cover all necessary financial tools bundled with one software.

A good ERP software should therefore cover all core areas of a company:

• Budget management and quotation and accounting
• client management
• human resources
• Order and job management
• project management
• reporting

Why do I need Business Intelligence in my ERP software?

The actual clue of ERP software is Business Intelligence. It works with data obtained by combining it, analyzing it more precisely and evaluating it. For example, BI links customer data with sales and creates insights that can then be used cleverly to lead to success. Results are visualized so that deficits or improvement potentials cannot remain undiscovered.

Advantages of Business Intelligence

Business Intelligence works quickly, cleanly and holistically. The small hurdle of integration is easily overcome by a SaaS solution such as PROAD and optimizes the workflow within a very short time. With cross-departmental methods, BI enables a view of the company from different perspectives and thus reveals open potentials. Strategic measures can then be initiated on the basis of this data. In the long term, BI software can improve workflows, increase customer loyalty and reduce costs. In addition, positive analysis results can provide security for the actions of the company's employees.

One software for all areas - can that go well?

As software experts, we give a clear "Go!" with a clear conscience. Of course every company is different and has its own processes, but the basis is the same. Software solutions such as PROAD also offer modules that adapt completely to the processes and information of companies.

So you can only use what you need and demonstrably increase your productivity.

Only a few decades ago it would have been unthinkable to organize whole company structures with one software, but today, in the year 2019, it is a work facilitating, harmonizing option that guarantees success! We use our application ourselves and extend and improve it by implementing practical feedback at any time. Just as a process is subject to constant change, so too must business software be developed over time and for the future.

Sounds too good to be true? Wrong! Smart software with a BI solution really makes your daily work easier. Make sure that you are looking for a web-based implementation for your suitable solution. Only in this way can it be easily integrated into every day working life and does not entail a long IT process.

Once you have implemented a complete solution like PROAD, it organizes all work areas and reflects the most important data in a single, clear cockpit. In addition, the Business Intelligence enables a detailed insight and evaluation of the data in each field. The ERP solution and the BI therefore work together not only clearly, but also effectively.