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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
The options for new corporate performance management (CPM) software can be overwhelming and confusing. Many competing solutions proffer similar functionality and nearly identical taglines. How do these products actually differ? Which ones are better? In this blog, we will compare customer ratings and basic features of Solver’s BI360 and four other CPM solutions.
Solver’s BI360 Cloud is a Corporate Performance Management (CPM) solution that provides mid-market businesses with budgeting, reporting, data warehouse, and dashboard functionality. BI360 is a popular business intelligence solution that uses the Excel interface and has historically been sold as on-premises software, with the option of subscribing to a web portal. However, as the market continues to shift more and more towards cloud-based financial software, Solver has recently released BI360 Cloud as a true cloud-based solution, in addition to continuing to offer BI360 as an on-premises option.