Reporting is an essential part of any business as it enables you to view, analyse and review data. The findings can help you to monitor and measure processes or campaigns, highlight strengths and weakness, identify key issues as well as help to make better informed decisions.

Reporting Through Finance Systems 

Yes – most finance systems will have a reporting tool available. But after using BI software, you’ll realise how limited the reporting feature within financial software really is.

Generally speaking, the reporting feature within finance systems is limited in it’s capabilities. It’s hard to run, hard to format in a user-friendly output and it has even been known to bring the system to a halt when the report is running!

What is BI Software?

‘Business intelligence (BI) refers to the procedural and technical infrastructure that collects, stores and analyses the data produced by a company’s activities. BI parses all the data generated by a business and presets easy-to-digest reports, performance measures, and trends that inform management decisions.’

Why Should You Shift to BI?

Real-Time Insights

BI software highlights what’s happening in your business in real time. This enables you to quickly detect and correct issues, minimising the impact to your business, this information will also enable you to enhance and personalise the customer experience.

Clearer Reporting

Reports are clearer, easier to understand and faster to obtain. The quicker this information is obtained, the quicker the relevant actions can come into force.

More Detailed Insights

Reports are significantly more detailed and insightful, leading to a better understanding of what is happening within the business.

Better Integration

BI software can be fully integrated with CRM systems and third-party databases.

Role Based Dashboard

The dashboard feature will showcase particular data depending on the individual’s role within the company. Each employee will have a personalised dashboard with information that’s relevant to them and the role they play within the organisation.

Facilitates Better Decision Making

A better understanding of the reports will help to make better informed decisions

Increased Efficiency

More accurate and detailed insights will lead to increased efficiency and better outcomes.

Our Recommended BI Software – pi by panintelligence

pi is a three-in-one single solution, combining business intelligence with quick and easy embedded data reporting, plus powerful predictive analytics in self-service interactive dashboards.

A seamless analytics experience that users will love!

About Minerva

Minerva have been helping companies with their IT services and solutions for over 35 years.

For more information on this product, leave an enquiry a member of our team will get back to you right away.