Business management
Four key areas to boost business performance management
In a world where companies’ visibility needs continue to grow, interest in Business Intelligence (BI) solutions is accelerating. But BI is only valuable if it is based on reliable, consolidated, and usable data. Mastering Data makes BI tools’ outputs more reliable, which then allows decision-makers to better manage and monitor their performance indicators. They can rely on intuitive and integrated solutions, offering a unified view of financial and operational data.
This synergy between Data and BI revolutionizes the transition from analysis to action, providing concrete answers to critical issues in business management:
- Improve decision-making by converging financial and operational reports across the whole business. This provides better understanding of how internal and external events influence performance.
- Reduce the time taken to access reports, by encouraging operational staff and decision-makers to work together in a unified environment, making it possible, for example, to streamline the budget preparation and approval processes.
- Limit risks and sources of error by choosing solutions that are simple to implement but also totally integrated with your existing systems. This eliminates any manual handling of data from different sources, and so improves the reliability of the results.
- Increase user productivity as the intuitive interfaces used by the new generation of such tools, and their integration with common desktop applications, means expanded usage across the whole organization.
The future of management is based on a unified approach where Data and BI mutually reinforce each other. Companies that invest in this complementarity gain in responsiveness, reliability, and agility, placing their strategic decisions on solid foundations aligned with their objectives.
Business Intelligence and digital transformation, or how to make your business excellent
On the cusp of a significant technological turning point, and with the words “digital transformation” on everyone’s lips…