When companies seek Information Technology (IT) professionals to help manage their information, they come across two concepts that are important: Business Intelligence - BI and ERP - Enterprise Resource Planning.
ERP is a business management system. It helps you integrate multiple company departments by centralizing information and managing flows. Through it it is possible to control the daily activities of the company, storing in one place invoices, orders, inventory controls, sales data, among other things. Thus, the various sectors can have access to what is being done by other employees, not having to rely on the sending of information by employees to gain access to them.
Business Intelligence, also called BI, is the collection, storage, organization, analysis, sharing and monitoring of business data made entirely from digital resources. That is, you have a time saving in this whole process that, done manually, through reports require much more time and staff (which may be occupied with other issues). The advantage is not only due to agility, but also to increase the possibility of finding intelligent solutions for your company, helping in the expansion of the market, improving marketing, analyzing competitors and even allowing the emergence of new services and products.
From the descriptions you may notice that there is a complementary line between them. And that's what we're going to talk about now: about the link between BI and ERP. Follow us!
WHAT ARE THE CONNECTIONS BETWEEN THESE TWO SYSTEMS?
ERP integrates all company information in one place, eliminating the use of different software for each type of data processed. Thus, the data is stored and accessed at any time. The information that fuels BI is already mostly integrated into this platform. In other words, it makes it even easier to analyze these data quickly.
The Business Intelligence system adds a kind of analytical culture across all sectors of the organization, making them all a global notion of business progress. And because each sector depends on the other to succeed, the updated and analyzed information provides improvements in each sector in a global context.
ADVANTAGES OF BI LINK WITH THE ERP:
Business Intelligence allows the information used in the ERP system to be update, making each industry aware of the real situation at that time in other sectors of the company. It also helps in increasing productivity and the effectiveness of the work process, making the results appear faster. And because time is money, business yields more.
It is also possible for each industry to define what is the priority to be resolved at that time. If you had to look at each report and document to decide on a group, what would be the priority at that moment, the two integrated systems allow you to automatically have on your screen what should be solved first, mainly because it is possible to point out the critical points of the business at the moment. Another advantage is the audit service that is carried out with the connection between BI and ERP. Thus it is possible to check accounting data, collection, inventory, finances, all in real time.
Other benefits are the broad and global vision of the business, enabling a macro view of potential business partners, the ability to react quickly in (or even anticipate) crisis situations, to involve all sectors of the organization by generating a collaborative process in making decisions that affect everyone, and of course reducing costs.
Therefore, integrate the two systems as soon as possible. Ensure agility and accuracy in your company.
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