Read The Resource Group blog to learn about Microsoft Dynamics GP ERP software and Intacct cloud accounting software
by Marty Schillaci, CEO of The Resource Group
Business intelligence, commonly referred to as BI, is big news today. In fact, Bill Gates recently quoted that “information technology and business are becoming interwoven.”
If you're using Business Intelligence (BI) software to compile and review your organization's financial data, you know it can be a powerful window into the numbers, providing you with a better understanding of your strengths and weaknesses, and how to move forward. This is why the global market for BI is estimated to be $16.9B in 2016 by Gartner.
But what if your BI software could do all of that and then some, integrating financial reporting, data visibility and enhanced Excel-based reporting in a single application that cuts your decision-making time in half, at a fraction of the cost?
With the recent emergence of Corporate Performance Management (CPM) software, you're now in a position to take advantage of what we call Business Intelligence 4.0 – with all of the information you need, but with enterprise-wide capabilities that allow you to integrate multiple sources and tools, and to drill down into performance metrics for budgeting, forecasting, financial consolidation, and deep-dive financial reporting.
by Saeward Schillaci, The Resource Group
by Saeward Schillaci, The Resource Group
If you’re interested in a mid-market Corporate Performance Management (CPM) solution, Solver’s BI360 is a popular option that integrates with a variety of enterprise resource planning (ERP) and financial accounting platforms, including Microsoft Dynamics GP and Sage Intacct.
Like many CPM solutions, BI360 has three key components to improve business decision-making and efficiency: reporting, budgeting, and dashboards. The data necessary for these three functions is collected from all types of software and all aspects of your business through BI360’s data warehouse. For more information about the basic structure and functionality of BI360, check out this blog comparing BI360 to Microsoft’s Management Reporter.
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