Businesses rely on data to achieve their ultimate goals. Often, a key problem is information being scattered among different departments and lacking connectivity with each other.
With the growing amount of data, trying to extract what you want for major decisions can be frustrating. Gaining insight from this knowledge is known as Business Intelligence and focuses on understanding the items you’ve had.
In short, you have Silos of Data, but no connectivity or idea of what’s relevant for your company. For that, a strong analytical tool is needed to extract the right information
Enter Power BI
To accomplish this gigantic task, there’s Power BI from Microsoft. A visualization tool, this can analyze data and create visual dashboards across a variety of programs.
Used by hundreds of companies in many industries, BI changes the way you look at retrieving information.
By transferring existing sources into this program, you’ll generate outlooks specifically catered to your company. Rather than going between various programs and departments, all your data is available right at your fingertips.
With its tools and customizable options, you can visualize your information without any major issues. Referred to as the “King of Visualizations,” BI provides you with multiple ways of seeing your company in a different light.
When you have this information, it’s possible to manipulate and modify it however you want. The result is gaining a full understanding of what makes your company distinct, its strengths and where improvements are possible.
Every industry has their own Key Performance Indicators (KPI) that track for specific factors and results. Determining how well you’re meeting them can become a critical part when retrieving internal data.
In leveraging this information, via combined reports, you can get to the root of your organization. By learning from existing items, you’ll make better decisions and implement stronger strategies, unique to your business.
With Power BI, you can visualize your data for more than just efficiency, but for your future.
Power BI + ERP
As a stand-alone option, Power BI is compatible with many business software programs, along with multiple ERP solutions. Whether its Microsoft, Epicor or SAP, each can incorporate this into their existing framework.
Enterprise Resource Planning systems have been geared towards the simplification and centralization of one’s business needs. Most companies that have an ERP program are looking for additional options that add more functionality to their selection.
Power BI connects directly to your ERP data and provides the same features as an individual standalone program. No matter what you’ve implemented, BI can be incorporated into your existing infrastructure with no issue.
The result is a fully-functioning Microsoft suite compatible with multiple ERP systems and unique business environments. When upgrading or implementing a solution for your company, look to Power BI as an added benefit for your needs.