Business Intelligence: Why You Should Consider and Implement a BI Software?

1
Business Intelligence Why You Should Consider
and Implement a BI Software?
Inside Info
2
In order to get an upper-hand in this competitive
business world, it has become quite important for
companies to understand the concept of business
intelligence. By choosing efficient BI software
your company can achieve new heights in the
market. You can search online to find excellent
business intelligence software within your
budget. Todays highly competitive environments
require immediate responses from employees,
suppliers and customers. A business professional
constantly gets emails or calls that require
immediate and urgent replies. To make an informed
business decision, more time is needed regarding
business analytics because a market can change
fast and the information that must be analysed is
in massive amount. This has resulted in making
business intelligence more of a necessity than a
luxury.
3

• When you are looking for BI software, you should
  consider the following points
• What will the Business Intelligence software
  provide to an organisation or company? This
  surely looks like an obvious factor, but there
  are a number of people who do not know what they
  expect from their software to deliver them with.
  Most of the times people know what they dont
  want, but have no idea about what they want from
  the software. Ensure that your organisation or
  company is clear about the things expected from
  the software. This would help you to not only
  save money, but your valuable time also.
• Always choose user friendly software What you
  need to understand is that BI software is
  different from an ERP system or an accounting
  system which are mostly used by people on a
  regular basis. On the dashboard of the BI
  software you can look at the information or
  results, but the analytical area of the system is
  not used on a regular basis as you would for an
  accounting program. The system should be easy to
  understand and operate because people would
  simply stop using a complicated one.

4

• Mapping Business intelligence software can be
  easily attached to multiple databases, after the
  vendor finds where the data exists. To save your
  time and money, it is advisable that you should
  find out if the vendor has the mapping of the
  system and knows the data location of your
  current ERP system or accounting. It would cost
  you less in implementation fees or consulting, if
  the vendor is more familiar with the architecture
  of your system.
• Who will be using the software? The management
  should be fully aware with the implementation of
  the BI software. If the senior employees are not
  using these tools, then the lower rank employees
  would also stop using it. By including one
  employee from each department of your company to
  use the software would ensure that the company
  gets the maximum benefits from the program.

5

• Go for the best available BI software Wide
  ranges of software are available in the market
  with excellent dashboards and slick interfaces.
  What you need to understand here is that the
  software should match the specific needs of your
  company. These needs often vary greatly between
  different types of industries and companies.
  Choose the one that suits the requirements and
  provide the correct solution for your company.
• How much time is taken to implement software?
  Business Intelligence software is powerful, but
  sometimes can be quite difficult to implement and
  costly also. Therefore it is recommended to
  conduct a small personal research to find
  software that fulfils all your needs without
  being harsh on pockets.

6
Thank You
Inside Info
Telephone [phone] Email
info_at_insideinfo.com.au Head Office Level 8, 75
Miller St, North Sydney, NSW 2060 Australia