How Relevant Business Intelligence Is In ERP Systems?
Data management is no more a chore when you have an Enterprise Resource Planning (ERP) software installed. But most of these ERP systems lack Business Intelligence and are not able to provide adequate analysis of this preserved data. Will it not be more beneficial if you can get actionable insights and solutions from all the collected data? Business Intelligence software will help you in that, but more if it is integrated into your ERP system in comparison to independent BI solutions connected to ERP systems. The difference between these two is explained later in this piece. For more clarity, it is important to first know what is business intelligence and what role it plays in ERP? So, to explain how it all works, this piece is a quick brief about that- Business Intelligence In the past, when ERP software was not there, businesses manually gathered data from multiple sources and for Business Intelligence related activiti...