Tag: Business Intelligence

As an SME business grows, it must achieve true business management and take a business intelligence view of the enterprise. This comprehensive view requires more than the Tally ERP solution can offer in the way of data mining or user personalization. Part I of this series of articles focused the issues a small to medium sized (SME) business faces as its reporting requirements become more complex and the need for flexibility increases. In Part II of the series, we discussed the benefits of integrating data from Tally ERP and other enterprise solutions into a single view within a BI system. Part III of the article series focused on the importance of providing this integrated information with mobile access for users on all types of devices. Part IV of this series will focus on the importance of data mining and creating a personalized user environment.

This report reveals some interesting facts and it is worth noting that the proactive retailer will analyze business intelligence to see what their customers want and how they wish to access, order and receive products and services. If you don’t truly understand your customers, you can’t serve them well, nor can you beat the competition at their game.

The fact is that a business intelligence solution rollout should not take 1-2 years though it often takes that long and then some. When considering business intelligence reporting software it is crucial for every enterprise to thoroughly explore its options and choose the right solution provider in order to get a solution that is affordable and practical and one that will rapidly achieve ROI and user adoption and ensure low TCO. But, there is another, equally important factor related to the complexity of the organization and its data structure and the data itself. Whether your business is small or large, your data may be spread across multiple locations and it may include complicated algorithms, financials, forecasts or other analytical data. True BI analytics must allow your organization – and its users – to access, compile, and easily analyze data in a manner that is meaningful to each user no matter their role or function. If your business is to succeed and ensure a competitive advantage, you must think big and act small! Be nimble. Provide access to critical business intelligence software to empower every employee and hold each team member accountable.

ElegantJ BI is one of India’s few BI product companies and offers unique Managed Memory Computing technology. ElegantJ BI CEO, Kartik Patel says that customer demands are changing rapidly and, BI vendors must provide data discovery as well as data monitoring to help customers succeed. Not so long ago, BI customers were satisfied with data visualization and data monitoring. But, as business demands change, and the face, and nature, of business competition shifts, every enterprise must adapt or die.

In Parts I and II of this article series, we discussed the Tally Solutions, Tally ERP accounting and inventory management software used by small to medium sized businesses on the Indian subcontinent, in the Middle East, Far East, and Africa and other countries around the world. Part I of the series discussed the addition of an integrated business intelligence tool to expand and optimize reporting capabilities and better leverage the features of Tally ERP without having to upgrade to a larger, more expensive solution. Part II of the series focused on the benefits of using a business intelligence solution to bring together and integrate data from numerous enterprise systems including Tally ERP in order to optimize the IT landscape within the enterprise and provide an integrated one-stop view of data that can be customized by users. Part III of this article series focuses on the importance of providing a mobile solution that is accessible to users on the road and in the office.

According to Forbes Magazine, a SunGard survey of executives in the two industries, only 20 percent use proactive and investigative techniques or showed an interest in scorecards, dashboards and analytics techniques. If your business isn’t using BI tools, you are missing out. Improve revenue and productivity. Attract more customers and be more competitive in the market!

In Part I of this article series, we discussed the opportunities provided by integrating the Tally ERP accounting and inventory management solution with business intelligence reporting capabilities to enable flexible integrated visualization, and analysis so that the company can continue to use Tally ERP and leverage data from the Tally solution and other systems and solutions within the enterprise. Part II of this series of articles will focus on data integration and consolidation.To successful compete in your market you must be able to leverage the critical data in Tally ERP, in CRM systems, various spreadsheets and in other enterprise solutions. But, when a small business grows, it finds itself mired in technology solutions, including best-of-breed solutions, legacy systems, spreadsheets and other data sources. A flexible business intelligence solution must allow for easy, intuitive integration of all data sources and simple analysis and display of that data.

In the past, business managers saw BI Tools as a means to produce reports and graphs. Today, smart users see the power of context. By integrating enterprise systems and performing deep dive analysis, businesses can target their customers down to the area of the city in which they live, and the attitudes and behaviors they display in their purchasing history.

Want to know how to run your business, plan for staffing and estimate revenue? Even dentists can make good use of BI tools.