This article will help organizations identify signs that they need a new Business Intelligence system.
Today, plenty of large organizations, as well as small and medium-sized companies, are stuck using old or manual Business Intelligence (BI) tools that are in desperate need of a replacement. BI translates to technology-driven processes for analyzing data and presenting information that will help companies improve the decision making processes at all levels of management. Well, how do you know if you need a new BI/Analytics system? You should begin by constructing the right set of questions. What tool(s) does your organization have to have right now? What are your BI goals, and what is your schedule for building the BI toolbox to meet analytical goals? Also, outdated BI systems show several warning signs such as wasting time, harming decision-making, and keeping organizations from taking advantage of their data.
This article discusses dashboard solutions for Professional Services organizations hoping to expand their Microsoft Dynamics AX analytics.
We’re all collecting data – stacks and stacks of data. How do we use this data to make it worthwhile? It often comes down to dashboards and data visualizations including charts and graphs. According to Gartner’s survey on financial Executive International CFO Technology, dashboards and scorecards are top priorities in terms of software that executives are seeking. Companies are bombarded with useful information every day, but they often find it challenging to consolidate the information into digestible bits that can be utilized and implemented. Because business is constantly changing and moving quickly, analytics that are accessible and easily digestible is essential. With dashboards, you have access to graphs, charts, and scorecards that illustrate trajectories, victories, and challenges through key performance indicators (KPIs) and your information to effectively keep a project or the entire company on track.
This article will explore the impact of a data warehouse solution for manufacturing and distribution companies using Microsoft Dynamics NAV.
When it comes to making decisions within a company, data rules all. Organizations use data to set and meet goals in order to stay on budget. Data warehousing is a powerful solution to organize and strengthen Business Intelligence (BI) analyses. A data warehouse is a multi-dimensional database that can store a large amount of data, accumulated from a wide range of sources within a company and used to guide management decisions. They are not live, real-time integrations; therefore, the information in data warehouses can be used for scheduled budgeting, reporting, and dashboards or higher level performance data questions. They structure around the subject, so they focus the interaction through organizing by topic, such as customer, sales, or product. As a manufacturing or distribution NAV user, you may want to know the impact a data warehouse solution has for your company. In this article, I’ll go about explaining this solution for these two industries using NAV for managing data and analytics.